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From PR 9-6B, which of the following journal entries is correct
for Jan. 10?
a. (Debit) Notes Receivable 12,000 dollars
(Credit) Cash 12,000 dollars
b. (Debit) Cash 12,000 dollars
(Credit) Notes Receivable 12,000
c. (Debit) Interest Revenue 12,000 dollars
(Credit) Cash 12,000 dollars
8: From PR 9-6B, which of the following journal entries is
correct for March 6?
a. (Debit) Accounts Receivable—Periman & Co. 28,000 dollars
(Credit) Notes Receivable 28,000 dollars
b. (Debit) Notes Receivable 28,000 dollars
(Credit) Accounts Receivable—Periman & Co. 28,000 dollars
c. (Debit) Cash 28,000 dollars
(Credit) Accounts Receivable—Periman & Co. 28,000 dollars
9: From PR 9-6B, which of the following journal entries is
correct for June 12?
a. (Debit) Cash 30,906 dollars(Credit) Accounts Receivable—
Centennial Co. 30,600 dollars
(Credit) Interest Revenue 306 dollars
b. (Debit) Cash 30,906 dollars
(Credit) Accounts Receivable—Centennial Co. 30,600 dollars
(Credit) Notes Payable 306 dollars
c. (Debit) Interest Revenu 30,906 dollars
(Credit) Accounts Receivable—Centennial Co. 30,600 dollars
(Credit) Cash 306 dollars
10: From PR 9-6B, which of the following journal entries is
correct for August 20?
a. (Debit) Accounts Receivable—Lindenfield Co. 13,464 dollars
(Credit) Sales Discounts 136 dollars
(Credit) Cash 13,600 dollars
b. (Debit) Interest Revenue 13,464 dollars
(Credit) Sales Discounts 136 dollars
(Credit) Accounts Receivable—Lindenfield Co. 13,600 dollars
c. (Debit) Cash 13,464 dollars
(Debit) Sales Discounts 136 dollars
(Credit) Accounts Receivable—Lindenfield Co. 13,600 dollars

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Date Description.docx

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  • 11. From PR 9-6B, which of the following journal entries is correct for Jan. 10? a. (Debit) Notes Receivable 12,000 dollars (Credit) Cash 12,000 dollars b. (Debit) Cash 12,000 dollars (Credit) Notes Receivable 12,000 c. (Debit) Interest Revenue 12,000 dollars (Credit) Cash 12,000 dollars 8: From PR 9-6B, which of the following journal entries is correct for March 6? a. (Debit) Accounts Receivable—Periman & Co. 28,000 dollars (Credit) Notes Receivable 28,000 dollars b. (Debit) Notes Receivable 28,000 dollars (Credit) Accounts Receivable—Periman & Co. 28,000 dollars c. (Debit) Cash 28,000 dollars (Credit) Accounts Receivable—Periman & Co. 28,000 dollars
  • 12. 9: From PR 9-6B, which of the following journal entries is correct for June 12? a. (Debit) Cash 30,906 dollars(Credit) Accounts Receivable— Centennial Co. 30,600 dollars (Credit) Interest Revenue 306 dollars b. (Debit) Cash 30,906 dollars (Credit) Accounts Receivable—Centennial Co. 30,600 dollars (Credit) Notes Payable 306 dollars c. (Debit) Interest Revenu 30,906 dollars (Credit) Accounts Receivable—Centennial Co. 30,600 dollars (Credit) Cash 306 dollars 10: From PR 9-6B, which of the following journal entries is correct for August 20? a. (Debit) Accounts Receivable—Lindenfield Co. 13,464 dollars (Credit) Sales Discounts 136 dollars (Credit) Cash 13,600 dollars b. (Debit) Interest Revenue 13,464 dollars (Credit) Sales Discounts 136 dollars (Credit) Accounts Receivable—Lindenfield Co. 13,600 dollars c. (Debit) Cash 13,464 dollars (Debit) Sales Discounts 136 dollars (Credit) Accounts Receivable—Lindenfield Co. 13,600 dollars