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Your answer is partially correct. Presented below are data on three promissory notes. Determine the missing amounts. (Round answers for Total Interest to decimal places, es: 825. Round annual interest rate to decimal places, eg. 15%. Use 360 days for calculation.) Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest a) April 1 60 days May 31 610,000 15 % $ b) July 2 30 days August 1 84,000 % $ 980 c) March 7 6 months September 7 110,000 16 % $ e Textbook and Media Save for Later Using multiple attempts will impact your score. 25% score reduction after attempt 3 Attempts: 1 of 4 used Submit Answer View Policies Current Attempt in Progress On January 10, 2022, Oriole Company sold merchandise on account to Tompkins for $ 7.200, terms n/30. On February 9, Tompkins gave Oriole Company a 6% promissory note in settlement of this account. Prepare the journal entry to record the sale and the settlement of the accounts receivable. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 10 Accounts Receivable 7200 Sales Revenue 7200 Feb. 9 uestion 11 of 29 -/1 ew Policies urrent Attempt in Progress On January 10, 2022, Oriole Company sold merchandise on account to Tompkins for $7,200, terms n/30. On February 9, Tompkins gave Oriole Company a 6% promissory note in settlement of this account. Prepare the journal entry to record the sale and the settlement of the accounts receivable. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation ebit Credit Jan 10 Accounts Receivable 7200 Sales Revenue 7200 Feb. 9

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