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Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Fasteners...

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Accounting

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Entries for Notes Receivable, Including Year-End Entries The following selected transactions were completed by Fasteners Dnc. Co. a supplier of butons and zippers for dothing 20Y3 Received from McKenna Outer wear Co., on account, a S 72.000. 60-day, 9% note dated November 21 account settlemeet , past d. Dec. 31. Recorded an adjusting entry for accrued interest on the note of November 21 20Y4 an. 20. Received payment of note and interest from Mckenna Outer Wear Co. ournalize the ertries to record the transactions. For a compound transaction, if an amount bo" does not require an entry, leave it blank. Assume * M0-day 203, NON2 Dec. 31 20Y4, Jan. 20

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