Question: Exercise 5-14 (Static) Record notes receivable (LO5-7) During 2024, LeBron Corporation accepts the following notes receivable. 1. On April 1, LeBron provides services to
Exercise 5-14 (Static) Record notes receivable (LO5-7) During 2024, LeBron Corporation accepts the following notes receivable. 1. On April 1, LeBron provides services to a customer on account. The customer signs a four-month, 9% note for $7,000. 2. On June 1, LeBron lends cash to one of the company's vendors by accepting a six-month, 10% note for $11,000. 3. On November 1, LeBron allows a customer to convert a past-due account receivable to a three-month, 8% note receivable for $6,000. Required: Record the acceptance of each of the notes receivable (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < On April 1, LeBron provides services to a customer on account. The customer signs a four-month, 9% note for $7,000 Nota: Entar debts befors cds Dele April 01.2024 General Journal Debil Chell
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