Business, 12.11.2019 23:31 marshalldayton1452

Record the following transactions for monty corp. in the general journal. (credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.) 2020 may 1 received a $18,450, 12-months, 12% note in exchange for mark chamber’s outstanding accounts receivable. dec. 31 accrued interest on the chamber note. dec. 31 closed the interest revenue account. 2021 may 1 received principal plus interest on the chamber note. (no interest has been accrued in 2021.)

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Record the following transactions for monty corp. in the general journal. (credit account titles are...

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