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Cullumber Co. has the following transactions related to notes receivable during the last 2 months...

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Accounting

Cullumber Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31.
Nov. 1 Loaned $53,400 cash to C. Bohr on a 12-month, 8% note.
Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400,90-day, 8% note.
16 Received a $9,600,180-dy,8% note to settle an open account from A. Murdock.
31 Accrued interest revenue on all notes receivable.
Journalize the transactions for Cullumber Co.(Omit cost of goods sold entries.)(List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Use 360 days for calculation. If no entry is required, select "No Entry" for the account titles and . enter 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Crec
image

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