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(Solved): Following are transactions for Ridge Company. March 21 Accepted a $9,500, 180-day, 80 note from Tam ...
Following are transactions for Ridge Company. March 21 Accepted a $9,500, 180-day, 80 note from Tamara Jookson in qxanting a tiea extension on bar past-due account receivable. Septenber 17 Jackion diahonored her note. Docember il After trying sevoral times to collect, Ridge Company wrote oft Jackeon'a aceount againat the Aliosise for Doubtful Accountis. Complete the table to calculate the interest amounts at September 17 and use the calculated value to prepare your journal efitsies Note: Use 360 days a year. Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at September 17.
Complete this question by entering your answers in the tabs below. Use the calculated value to prepare your journal entries. Journal entry worksheet Accepted a $9,500,180-day, 8% note from Tamara Jackson in granting a time extension on her past-due account receivable. Piote Enter debits before credits.
Use the calculated value to prepare your journal entries. Journal entry worksheet Note: Enter debits before credits.
Use the calculated value to prepare your journal entries. Journal entry worksheet After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance for Doubtful Accounts. Note: Enter debits before credits.