question archive The following selected transactions occurred during 2016 for Mitchell Movers The company ends it accounting year on December 31 Apr 1 Performed services on account for Ellison Rentals, $12,000 Aug 1 Received a $12,000, 3 month, 9% note from Ellison in satisfaction of its past-due account receivable Nov 1 Collected the Ellison note at maturity Conduct the journal entries to record these transactions
The following selected transactions occurred during 2016 for Mitchell Movers The company ends it accounting year on December 31 Apr 1 Performed services on account for Ellison Rentals, $12,000 Aug 1 Received a $12,000, 3 month, 9% note from Ellison in satisfaction of its past-due account receivable Nov 1 Collected the Ellison note at maturity Conduct the journal entries to record these transactions
Subject:AccountingPrice: Bought3
The following selected transactions occurred during 2016 for Mitchell Movers The company ends it accounting year on December 31
Apr 1 Performed services on account for Ellison Rentals, $12,000
Aug 1 Received a $12,000, 3 month, 9% note from Ellison in satisfaction of its past-due account receivable
Nov 1 Collected the Ellison note at maturity
Conduct the journal entries to record these transactions
