Business, 18.03.2021 01:10, jk8

These transactions took place for Oriole Company. 2021
May 1 Received a $5,200, 12-month, 6% note in exchange for an outstanding account receivable from R. Stoney.
Dec. 31 Accrued interest revenue on the R. Stoney note.

2022
May 1 Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2021.)

Required:
Record the transactions in the general journal.

Answers: 1

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These transactions took place for Oriole Company. 2021
May 1 Received a $5,200, 12-month, 6%...