Question: takeAssignment/takeAssignmentMain.do?inprogress=true eBook 3 Show Me How Calculator Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Fasteners Inc. Co., a
takeAssignment/takeAssignmentMain.do?inprogress=true eBook 3 Show Me How Calculator Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing 2013 Nov. 21. Received from McKenna Outer Wear Co., on account, a $84,000, 60 day, 7% note dated November 21 in settlement of a past due account Dec. 31. Recorded an adjusting entry for accrued interest on the note of November 21 2014 Jan. 20. Received payment of note and interest from McKenna Outer Wear Co. Journalize the entries to record the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount. 2073, Nov. 21 Dec. 31 1 1 1001 1001 Check My Work 10 more Check My Work uses remaining Sun Augment for Grading
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