Record the following transactions in general journal form for Tran Company for 2022: Jul 1...
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Accounting
Record the following transactions in general journal form for Tran Company for 2022: Jul 1 Received a $5,000, 3-month, 5% note (All interest is paid at maturity) from Thao Nguyen for the settlement of her Accounts Receivable. Sep 30 Received notification from Thao Nguyen that she was unable to honour her note at this time. It is expected that Thao will pay at a later date. Nov 15 Received full payment from Thao Nguyen for the note previously dishonoured on September 30. No additional interest was charged from September 30 to November 15. Tran Company has a December 31 fiscal year-end
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