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Journalize the transactions for green plains supply co

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Reference no: EM131780180

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

Nov. 1   Loaned $65,850 cash to B. Younger on a 1-year, 8% note.

Dec. 11 Sold goods to R. P. Meier, Inc., receiving a $8,500, 90-day, 7% note.

Dec. 16 Received an $15,700, 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.

Reference no: EM131780180

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