Question 20 of 21

Question 20 of 21 Current Attempt in Progress Novak Corp. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Dec. 11 16 31 Loaned $ 72,000 cash to C. Bohr ona 12-month, 11% note. Sold goods to K. R. Pine, Inc., receiving a $ 3,150, 90-day, 8% note. Received a $ 12,000, 180-day, 9% note to settle an open account from A Murdock. Accrued interest revenue on all notes receivable. Journalize the transactions for Novak Corp. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, selt 'No Entry" for the account titles and enter O for the amounts. Use 360 days for calculation. Round intermediate calculations to 5 decimal places, e.g. 15.25127 and final answers to O dimal places, e.g. 5,275) Date Account Titles and Explanation Debit Credit