The following selected transactions occurred during 2024 and 2025 for Caspian Importers. The company ends...
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The following selected transactions occurred during 2024 and 2025 for Caspian Importers. The company ends its accounting year on September 30. Journalize all required entries. Make sure to determine the missing maturity date. 1: Loaned $12,000 cash to Britt Durant on a one-year, 8% note.
each date in the more info secrion needs a chart. july 1, sept.6th, sep.30, ?, 2025 july 1.
The following selected transactions occurred during 2024 and 2025 for Caspian Importers. The company ends its accounting year on September 30 Click the icon to view the transactions.) Journaltze all required entries. Make sure to determine the missing maturity date. (Record debits first, then credits. Select the explanation on the last line of the Joumal entry table.) Ju. 1: Loaned $12,000 cash to Britt Durant on a one-year, 8% note Date Accounts and Explanation 2024 Jul 1 Debit Credit More Info 2024 Jul 1 Sep. 6 Loaned $12,000 cash to Britt Durant on a one-year, 8% note Sold goods to Putt Pro, receiving a 90-day, 9% note for $8,000. Ignore Cost of Goods Sold Made a single entry to accrue interest revenue on both notes Collected the maturity value of the Putt Pro note. Sep 30 7 2025 Jul 1 Accepted note in exchange for cash. Collected the maturity value of the Durant noto Accrued interest revenue Collected not receivable plus interest. Print Done Sold goods for a note The following selected transactions occurred during 2024 and 2025 for Caspian importers. The company ends its accounting year on September 30. Click the icon to view the transactions.) Jourraize all required enintes. Make sure to determine the missing matuly date. (Record debits first, then credits. Select the explanation on the lasting of the Jumal ntry table. J. Loaned $12,000 cash to Britt Durant on a one year, 8% note Accounts and Explanation Debit Credit More Info JUL 1 2024 Jul 1 Sep. Accounts Receivable Britt Durant Loaned $12,000 cash to Britt Durant on a one-year 0% Gold goods to Pult Prareceiving a B-day, 0% for $8.000 ignore Cost of Goods Sot Made angle entry to centerest revenue on bon notes Colected the maturity value of the Pet Pronto Accounts Receivable Putt Pro tep 30 7 2035 Juli Cash Colected many value of ne Durant nota Interest Receivable Interest Revenue Print Done Not Receivablo Britt Durant Note Receivable Putt Pro Sales Revenue
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