Reference no: EM131125594
1. The following data relate to notes receivable and interest for Vidovich Co
Mar. 3. Received a $72,000, 9%, 60-day note on account.
25. Received a $10,000, 8%, 90-day note on account.
May 2. Received $73,080 on note of March 3.
16. Received a $40,000, 7%, 90-day note on account.
31. Received a $25,000, 6%, 30-day note on account.
June 23. Received $10,200 on note of March 25.
30. Received $25,125 on note of May 31.
July 1. Received a $7,500, 12%, 30-day note on account.
31. Received $7,575 on note of July 1.
Aug.14. Received $40,700 on note of May 16.
Instructions
Journalize the entries to record the transactions.
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John owns a corporate bond with a coupon rate
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The following data relate to notes receivable and interest
: Journalize the entries to record the transactions.
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