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  3. samberg inc. had the following transactions a. oct

Samberg Inc. had the following transactions a. Oct. 1-Sold $11,500 of merchandise on account, 1/10,...

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Accounting

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Samberg Inc. had the following transactions a. Oct. 1-Sold $11,500 of merchandise on account, 1/10, n/30 to McCormick Industries. b Nov. 1-Received a $11,500, 90-day, 11% note from McCormick Industries to settle its $11,500 unpaid balance. c. Dec. 31- Accrue d. Jan. 31- Received the interest on the note's maturity date. e. Jan. 31 - Received Required: Prepare the required journal entries. d interest on the note. (Round your answer to the nearest whole dollar amount.) the principal on the note's maturity date. (Round your answer to the nearest whole dollar amount.) Journal entry worksheet Record the entrv for sale of merchandise on account to McCormick Industries PR 8 of 10 Next>

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