Question: Part V - Notes Receivable (15 points) Prepare journal entries to record the following events: Jul. 1 Miner Company accepted a 12%, 6-month, $12,000 note

Part V - Notes Receivable (15 points) Prepare journal entries to

Part V - Notes Receivable (15 points) Prepare journal entries to record the following events: Jul. 1 Miner Company accepted a 12%, 6-month, $12,000 note dated July 1 from Lox Company for the balance due on Lox's account. Jul 31 Miner accrued interest on the above note for the month of July. Dec 31 Collected Lox Company note in full. Assume interest was correctly accrued up to November Part VI - Plant Asset Dio

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