Journalize all entries required for Endurance Running Shoes. 9-23 Journalizing note receivable transactions including a...
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Journalize all entries required for Endurance Running Shoes. 9-23 Journalizing note receivable transactions including a dishonored note On September 30, 2018, Team Bank loaned $94,000 to Kendall Warner on a one-year 690 note. Team's fiscal year ends on December 31 Requirements 1. Journalize all entries for Team Bank related to the note for 2018 and 2019. 2. Which party has a a. note receivable? b. note payable? C. interest revenue? d. interest expense? 3. Suppose that Kendall Warner defaulted on the note. What entry would Team record for the dishonored noto
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