Question: View Policies Current Attempt in Progress Whispering Winds Corp. has the following transactions related to notes receivable during the last 2 months of the

View Policies Current Attempt in Progress Whispering Winds Corp. has the following

View Policies Current Attempt in Progress Whispering Winds Corp. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Loaned $74,000 cash to C. Bohr on a 12-month, 12% note. Dec. 11 16 31 Accrued interest revenue on all notes receivable. Sold goods to K. R. Pine, Inc., receiving a $3,900, 90-day, 6% note. (Omit cost of goods sold entries.) Received a $10,800, 180-day, 7% note to settle an open account from A. Murdock Journalize the transactions for Whispering Winds Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Use 360 days for calculation. Round intermediate calculations to 2 decimal places, eg. 15.25 and final answers to O decimal places, eg. 5,275. Record journal entries in the order presented in the problem.) Date eTextbook and Media Account Titles and Explanation Debit Credit

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