Question: stuck on one answer at the bottom T RESOURCES 2mm MIW rable)m Ll mm: arcie 1'97 :Lcis H mm CALCULATOR PRINTS! VESION 1 BACK NEXT

stuck on one answer at the bottom

T RESOURCES 2mm MIW rable)m Ll mm: arcie 1'97 :Lcis H mm CALCULATOR PRINTS! VESION 1 BACK NEXT Exercise 9-12 a-b Metlock Supply Co. has the following transactions related to notes receivable during the last 2 months of 2020. The company does not make entries to accrue interest except at December 31. Nov. 1 Loaned 313.500 cash to Manny Lopez on a 127month, 12% note. Dec. 1 1 Sold goods to Ralph Kremer, Inc., receiving a $45,000. 90-day, 10% note. 1 6 Received a $47,600. 1 80 day, 12% note in exchange for Joe Fernetli's outstanding accounts receivable. 31 Accrued interest rwenue on all notes receivable. Your answer is correct. Journalize the transactions for Metlock Supply Co. (Ignore entries for cost of goods sold.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Use 360 days for calculation. Round answers to 0 decimal places, e. g. 5,275. Record journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit Date Notes Receivable \\I \\l m Notes Receivable 47,600 - Accounts Receivable 47.600 Interest Receivable J I LINK TO TEXT Your answer is partially correct. Try again. Record the collection of the Lopez note at its maturity in 2021. ( Credit account titles are automatically indented when amount i: entered. Do not indent manually. Use 360 days for calculation.) Date Aeeotm Titles and Explanation Debit credit Nov. 1 Cash click If you would like to Show Work for this question: Qpen Show Work LINK TO TEXT n

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