Question: nment #4 - Ethics, Aging Schedule, and No... Saved, Hel TB EX Qu. 5-228 (Static) On May 1, 2024, a company lends... On May

nment #4 - Ethics, Aging Schedule, and No... Saved, Hel TB EX Qu. 5-228 (Static) On May 1, 2024, a company lends... On May 1, 2024, a company lends $100,000 to one of its main suppliers

nment #4 - Ethics, Aging Schedule, and No... Saved, Hel TB EX Qu. 5-228 (Static) On May 1, 2024, a company lends... On May 1, 2024, a company lends $100,000 to one of its main suppliers and accepts a 12-month, 6% note. Required: Record the acceptance of the note on May 1, 2024, the adjusting entry on December 31, 2024, and the cash collection on May 1, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 Record the acceptance of the note receivable. Note: Enter debits before credits. Date May 01, 2024 General Journal Debit Credit < Prev 3 of 3 Next View transaction list Journal entry worksheet < 1 2 3 Record the adjusting entry for interest revenue. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Journal entry worksheet < 1 2 3 Record the collection of cash for notes receivable and interest. Note: Enter debits before credits. Date May 01, 2025 General Journal Debit Credit

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