The Following Selected Transactions Occurred During 2019 for Northwest Movers

question 129

Essay

The following selected transactions occurred during 2019 for Northwest Movers.The company ends it accounting year on December 31.
$\begin{array}{|l|l|}\hline \text { Apr. } 1 & \text { Performed services on account for Ellison Rentals, } \$ 12,000 . \\\hline & \text { Received a } \$ 12,000,3 \text { month, } 9 \% \text { note from Ellison in } \\\text { Aug. } 1 & \text { Fatisfaction of its past-due account receivable. } \\\hline \text { Nov. } 1 & \text { Collected the Ellison note at maturity }\\\hline \end{array}$ Prepare the journal entries to record these transactions.Omit explanations.

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