Record in a general journal Name Date Class Mini Practice Set 3...

90.2K

Verified Solution

Question

Accounting

Record in a general journal Name
Date
Class
Mini Practice Set 3 Source Documents
NOTE PAYABLE No.32
NOTE PAYABLE No.33
$6,000.00
Issue Date May 520= Term Ninety day Maturity Date August 320= Interest Rate Nominterest-bearing
Ninety days after the dafe of this note, Metro Sports World Inc. promises to pay Dollar Bank the amount of Six thousand and 00100 Dollars.
Maker's Name MackenzieBiggsController Maker's Signature Mackenzie Biggs
Metro:Sports? World Inc.
INTEROFFICE MEMORANDUM 412211 Deering Street Canoga Park CA 91306
TO: Accoumting Clerk
FROM: Mackenzie Biggs, Controller
DATE: MaY 5,20-
SUBJECT: Noninterest-bearing note 33
Metro Sports World Inc, received $6,000 from Dollar Bank for a 90-daty noninterest-bearing note discomited at 11%. Please record the transaction. Receipt 2751.
Metro Sportsi:World Inc.
INTEROFFICE MEMORANDUM 4137
11 Deering Street Canoga Park, CA 91306
TO: Accounting Clerk
FROM: Mackenzie Biggs, Controller
DATE: Jume 30,20--
SUBJECT: Check 5102
Metro Sports World Inc, issued check 5102 to Sierta Equipment Co. in paynent of principal and interest due on note 32. Please record the transaction.
62 Mini Practice Set 3

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students