Transactions:

$\backslash$table$[[$Apr$,30,$Issued a $$144,000,30-$day, $6\%$ note dated April $30$ to Misner Co on account$],[$May$,30,$Paid Misner Co the amount owed on the note dated April $30]]$

Required:

Journalize the above transaction, assuming a $360-$day year is used for interest calculations. Refer to the Chart of Accounts for exact wording of account titles.

General Journal

Journalize the transaction, assuming a $360-$day year is used for interest calculations. Refer to the Chart of Accounts for exact wording of account titles.