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Business, 21.06.2020 01:57 maayajskkcc

Crane Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Loaned $59,400 cash to C. Bohr on a 12-month, 7% note.
Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $1,800, 90-day, 9% note.
16 Received a $16,800, 180-day, 11% note to settle an open account from A. Murdock.
31 Accrued interest revenue on all notes receivable.
Journalize the transactions for Crane Company.

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Crane Co. has the following transactions related to notes receivable during the last 2 months of the...

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