Homework: Chapter 8 HW Score: 1.25 of 3 pts 5of8(5complete) HW Score: 45%, 11.25

Question

Homework: Chapter 8 HW Score: 1.25 of 3 pts 5of8(5complete) HW Score: 45%, 11.25 of EB-22 (similar to Question Help 3 Flash Running Shoes reports the following lClick the loon to view the infomation Joumalire all entis equied for Flash Running Shoes (Recond debits first, then credits. Select the explanation on the last line of the joumal entry tablie.) Penaity 20 Nte Receivable Jean Parker 23,000 Recorded loan to employee ar to) (/3 Dec. 31, 2018: Acorued interest revenue on the Parker note 31,2018 Accounts and E xplanaion Dec. 31 Interest Receivable Inberest Revenue Choose trom any list or enter any number in the input elids and then click Check Answer Clear All Check Answer MacBook Air 5

Explanation / Answer

Journal Entry Date Accounts title and explanations Debit $ Credit $ 6-May Accounts receivable Dr. 104,000       sales revenue 104,000 1-Jul Note Receivable Dr. 23,000       Cash Account 23,000 31-Dec Interest receivable Dr. 1380       Interest revenue 1380 1-Jul Cash Account Dr. 25,760       Notes receivable 23,000       Interest receivable 1,380       Interest revenue 1,380

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