Question: Use the calculated value to prepare your journal entries. View transaction list Journal entry worksheet 1 2 > Record acceptance of a $20,000, 45-day, 10%

Use the calculated value to prepare your journal entries. View transaction list Journal entry worksheet 1 2 > Record acceptance of a $20,000, 45-day, 10% note dated December 13 in granting Majda Labib a time extension on her past-due account receivable. Note: Enter debits before credits. General Journal Debit Credit Date Dec 13, 2014 Record entry Clear entry View general journal

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