Record the Following Transactions in General Journal Form for Karen

question 101

Essay

Record the following transactions in general journal form for Karen Heller Company.
July 1 Received a $20000 8% 3-month note dated July 1 from Nancy Freeman in payment of her open account.
Oct. 1 Received notification from Nancy Freeman that she was unable to honor her note at this time. It is expected that Freeman will pay at a later date.
Nov. 15 Received full payment from Nancy Freeman for her note receivable previously dishonored.

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Definitions:

Deep Structure

In linguistics, it refers to the underlying, abstract meaning of a sentence, as opposed to the surface structure which is the sentence's actual spoken or written form.

Format

The arrangement, structure, or layout of information or material, often referring to documents, media, or data.

Language Acquisition Support System (LASS)

Bruner’s term for the patterned behaviors and formatted events within which children acquire language. It is the environmental complement to the innate, biologically constituted LAD.

Innate Biological Mechanism

A natural or inherent process within living organisms that contributes to the regulation of biological functions from birth.