Question: Instructions The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing 2017 Dec. 7 Received from Unitarian Clothing &


Instructions The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing 2017 Dec. 7 Received from Unitarian Clothing & Bags Co., on account, a 537,500, 60-day, 6% note dated December 7. Recorded an adjusting entry for accrued interest on the note of December 7. Recorded the closing entry for interest revenue. 31 31 Feb. 5 Received payment of note and interest from Unitarian Clothing & Bags Co Journalize the entries to record the transactions. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year Journalize the lo record the transactions for the year 2017 in enti r ed simply skip to the n a tion to the Chart of Accounts for exact wording of account Asume a 360 day pear ACCOUNTING EQUATION Journalize the entries to record the transactions for the year 2018. If no entry is required simply skip to the next transaction Refer to the Chart of Accounts for exact wording of account Assume a 360-day your JOURNAL ACCOUNTING EQUATION DESCO BUITIES EQUITY
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