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

Sheridan 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 $ 55,800 cash to C. Bohr on a 12-month, 5 % note.

Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $ 5,400,90-day, 6 % note.

16 Received a $ 19,200,180-day, 12 % note to settle an open account from A. Murdock.

31 Accrued interest revenue on all notes receivable.


Journalize the transactions for Sheridan Co. (Omit cost of goods sold entries.)


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