a) On December 1, Dew Distributor loaned $15,000 cash to K. Flood on a 1-year,...
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Accounting
a On December Dew Distributor loaned $ cash to K Flood on a year, note. Prepare the journal entry to record the loan. b On December Dew Distributors sold goods to F Kingsley, receiving a $day, note. Prepare the journal entry for Dew Distributors. Prepare the journal entry to record the sale. c On December Dew Distributors accrues interest revenue on the two notes receivable described in a and b Prepare the journal entry to record the interest.
a On December Dew Distributor loaned $ cash to K Flood on a year, note. Prepare the journal entry to record the loan.
b On December Dew Distributors sold goods to F Kingsley, receiving a $day, note. Prepare the journal entry for Dew Distributors. Prepare the journal entry to record the sale.
c On December Dew Distributors accrues interest revenue on the two notes receivable described in a and b Prepare the journal entry to record the interest.
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