Question: The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 2017 Dec. Received from Unitarian Clothing &Bags Co., on


The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 2017 Dec. Received from Unitarian Clothing &Bags Co., on account, a $36,000, 60-day, 6 % note dated 7 December 7 31 Recorded an adjusting entry for accrued interest on the note of December 7 31 Recorded the closing entry for interest revenue 2018 Feb 5 Received payment of note and interest from Unitarian Clothing&Bags Co Journalize the entries to record the transactions. if no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account stes. Assume a 360-day year Journal Journalize the entries to record the transactions for the year 2017. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account m Assume a 360-day year PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION DEBIT POST REF CREDIT ASSETS IABILITIES EQUITY Dec. 7 Notes Receivable 1 36,000.00 Accounts Receivable-Unitarian Clothing & Bags Co. 2 36,000.00 Journalize the entries to record the transactions for the year 2018. no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account stles Assume a 360-day year Next Journalze the entries to record the transactions for the year 2018. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account sles Assume a 360-day year PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABLITIES rquTY
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