Business, 11.02.2020 22:54 paiged55

Included in Flint Company’s December 31 trial balance is a note receivable of $7,920. The note is a 4-month, 10% note dated October 1. Prepare Flint’s December 31 adjusting entry to record $198 of accrued interest, and the February 1 journal entry to record receipt of $8,184 from the borrower. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts).

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Included in Flint Company’s December 31 trial balance is a note receivable of $7,920. The note is a...

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