These transactions took place for Vaughn Manufacturing 2016 May 1 Received a 100, 12-month, note...
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These transactions took place for Vaughn Manufacturing 2016 May 1 Received a 100, 12-month, note in exchange for an outstanding account receivable from Stone Dec. Acorved interest revenue on the Stoney note 2017 May 1 Received prallus interest on the Stoney note interest has been credince December 11, 2016) Record the transactions in the general oumal The company does not make tries to score interesteptat December 31 Credit accountries are automatically indented when amount entered. Do not indent manually. Record journal entries in the order presented in the problem Date Account Titles and Explanation Credit
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