Prepare general journal entries for the following transactions of this company for the current year:
$$\begin{array} { | l | l | }
\hline \text { Apr. } 25 & \begin{array} { l }
\text { Sold } \$ 4,500 \text { of merchandise to CBC Corp., receiving a } 10 \% , 60 \text {-day, } \$ 4,500 \text { note } \
\text { receivable. }
\end{array} \
\hline \text { June } 24 & \text { The note of CBC Corp., received on April } 25 \text { was dishonored. } \
\hline
\end{array}$$

Question

Prepare general journal entries for the following transactions of this company for the current year:
 $$\begin{array} { | l | l | } 
\hline \text { Apr. } 25 & \begin{array} { l } 
\text { Sold } \$ 4,500 \text { of merchandise to CBC Corp., receiving a } 10 \% , 60 \text {-day, } \$ 4,500 \text { note } \
\text { receivable. }
\end{array} \
\hline \text { June } 24 & \text { The note of CBC Corp., received on April } 25 \text { was dishonored. } \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Prepare general journal entries for the following transactions of this company for the current year:
 $$\begin{array} { | l | l | } 
\hline \text { Apr. } 25 & \begin{array} { l } 
\text { Sold } \$ 4,500 \text { of merchandise to CBC Corp., receiving a } 10 \% , 60 \text {-day, } \$ 4,500 \text { note } \
\text { receivable. }
\end{array} \
\hline \text { June } 24 & \text { The note of CBC Corp., received on April } 25 \text { was dishonored. } \
\hline
\end{array}$$

Prepare General Journal Entries for the Following Transactions of This