(SOLVED)- Daw Company s December 31 year end unadjusted trial balance shows a


Question Description:

$19

Daw Company’s December 31 year-end unadjusted trial balance shows a $10,000 balance in Notes Receivable. This balance is from one 6% note dated December 1, with a period of 45 days. Prepare any necessary journal entries for December 31 and for the note’s maturity date assuming it is honored.

Answer

$19