The following data relate to notes receivable and interest for CGH Cable Co., a cable...
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Accounting
The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)
| Apr. 10. | Received a $171,000, 6%, 60-day note on account. |
| May 15. | Received a $285,300, 8%, 120-day note on account. |
| June 9. | Received $172,710 on note of April 10. |
| Aug. 22. | Received a $165,200, 4%, 45-day note on account. |
| Sept. 12. | Received $292,908 on note of May 15. |
| 30. | Received a $195,000, 7%, 60-day note on account. |
| Oct. 6. | Received $166,026 on note of August 22. |
| 18. | Received a 141,600, 4%, 60-day note on account. |
| Nov. 29. | Received $197,275 on note of September 30. |
| Dec. 17. | Received $142,544 on note of October 18. |
Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.
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