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Journalize entries to record the transactions

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Question - The following data relate to notes receivable and interest for Clyde Park Optic Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)

June 4. Received an $18,800, 9%, 60-day note on account.

July 15. Received a $27,000, 10%, 120-day note on account.

Aug. 3. Received $19,082 on note of June 4.

Sept. 1. Received a $24,000, 9%, 60-day note on account.

Oct. 31. Received $24,360 on note of September 1.

Nov. 5. Received a $9,600, 7%, 30-day note on account.

Nov. 12. Received $27,900 on note of July 15.

Nov. 30. Received a $15,000, 10%, 30-day note on account.

Dec. 5. Received $9,656 on note of November 5.

Dec. 30. Received $15,125 on note of November 30.

Journalize entries to record the transactions.

Reference no: EM131778959

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