math.com Financial Accounting ACG 2021-301 Homework: Chapter 8 Receivables Score: 0 of 1 pt 58-11 (similar…

math.com Financial Accounting ACG 2021-301 Homework: Chapter 8 Receivables Score: 0 of 1 pt 58-11 (similar to) On March 1, Kale Corporation accepted a 60-day, 9%, $14.500 not receivable from Read the requirements 7 of 17 p complete Peterman in exchange for his countries Requirement 1. Joumalize the transaction on March 1. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table) Date Accounts and Explanation Debit Credit Accounts Payable—J. Peterman Accounts Receivable J. Peterman Cash Interest Expense Interest Payable Interest Receivable Interest Revenue Note Payable . Peterman Note Receivable-J. Peterman