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Journalize the following transactions of Baltic Inc., which ends its accounting year on November 30:...

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Journalize the following transactions of Baltic Inc., which ends its accounting year on November 30: 1 Loaned $12,000 cash to Candace Smith on a one-year, 4% note. Nov 6 Sold goods to Putt Pro, receiving a 90-day, 12% note for $14,000. Ignore cost of goods sold. 30 Made a single entry to accrue interest revenue on both notes. Use a 360-day year for interest computations and round to the nearest dollar. Sep (Record debits first, then credits. Exclude explanations from any journal entries.) Journalize the loan to Candace Smith. Journal Entry Accounts Date Debit Credit Sep Journalize the note to Putt Pro. Ignore cost of goods sold. Journal Entry Date Accounts Debit Credit Nov

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