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3 takeAssignment/takeAssignmentMain.do?invoker=8.takeAssignmentSessionLocator=&inprogress=false Calculator - Entries for Notes Receivable, Including Year-End Entries The following selected transactions...

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Accounting

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3 takeAssignment/takeAssignmentMain.do?invoker=8.takeAssignmentSessionLocator=&inprogress=false Calculator - Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing: Nov. 21. 2013 Received from McKenna Outer Wear Co., on account, a $42,000, 60-day, 9% note dated November 21 in settlement of a past du account Dec. 31. Recorded an adjusting entry for accrued interest on the note of November 21. 2014 Jan. 20 Received payment of note and interest from McKenna Outer Wear Co. Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount. 42.000 2023, Nov. 21 Notes Receivable Accounts Receivable McKenna Outer Wear Co. 42.000 Dec. 31 III ludo 2014, Jan. 20 1244 PM 10/27/2020 0 o DELL Deler F12 Wert F11 PrtSCE F10 F8 F7 FO FO P F5 * & Backspace ( 9 II + $ % O 7 100

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