Green plains supply co has the following transactions

Reference no: EM13604621

Green Plains Supply Co. has the following transactions related to notes receivable during the last 2 months of the year.

Nov. 1 Loaned $60,000 cash to B. Younger on a 1-year, 8% note.
Dec. 11 Sold goods to R. P. Meier, Inc., receiving a $3,600, 90-day, 7% note.
Dec. 16 Received an $12,000, 6-month, 9% note to settle an open account from M. Chen.
Dec. 31 Accrued interest revenue on all notes receivable.

Journalize the transactions for Green Plains Supply Co.

Date Account/Description Debit Credit
Nov. 1

Dec. 11

Dec. 16

Dec. 31

Reference no: EM13604621

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