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Exercise 5-15 (Algo) Record notes receivable and interest revenue (LO5-7) On March 1, Terrell \& Associates provides legal services to Whole Grain Bakery regording some recent food poisoning complaints Legal services total $10,600. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell \& Associates on September 1 . Required: For Terredi \& Associates, tecord the acceptance of the note receivable on March 1 and the cash collection on September 1, (If no entry is required for a particular transction/event, select "No Journal Entry Required" in the first account fleid.) Journal entry worksheet Record the acceptance of the note recelvable for legal services provided: Note: Enter debts fofore ceante. Exercise 5-15 (Algo) Record notes receivable and interest revenue (LO5-7) On March 1, Terrell \& Associates provides legal services to Whole Grain Bakery regarding same recent food poisoning complaints. Legal services totai $10,600. in payment for the services, Whole Grain Bakery signs a 10% note requiring the poyment of the face amount and interest to Terreli \& Associates on September 1 . Required: For Torrell \& Associates, record the acceptance of the note receivable on March 1 and the cash collection on September 1 . (H ne entry is required for a particular transapction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the cash received on note receivable and interest. Forai Enter debins before codes

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