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Corning Gorilla Glass C Get Homework Help With Chegex x Fun Ouestions to Ask A great X PLUS Homepage * Wiley PLUS e dugen wil


C et Homework Hele with Chex * OAA - c edugen wileplus.com/edutan Open Asset TESOURCES eet Exercise 8-12 Corp has the g r eat
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Answer #1
Nov 1 Notes Receivable 14000
        Cash 14000
Dec 11 Notes Receivable 28800
      Sales Revenue 28800
Dec 16 Notes Receivable 28600
     Accounts receivable 28600
Dec 31 Interest Receivable 583
      Interest revenue 583
Nov 1 Cash 15680
      Interest Receivable 280
      Interest revenue 1400 =14000*12%*10/12
      Notes Receivable 14000
Workings:
Lopez note 280 =14000*12%*2/12
Kremer note 160 =28800*10%*20/360
Fernetti note 143 =28600*12%*15/360
Interest Receivable 583
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