Journalize the following transactions
(assume a 360-day year when calculating interest):Mar. 1Received a 90-day, 10% note for $24,000, dated March 1, from Batson Co. on account.May 30The note of March 1 was dishonored.

Question

Journalize the following transactions 
(assume a 360-day year when calculating interest):Mar. 1Received a 90-day, 10% note for $24,000, dated March 1, from Batson Co. on account.May 30The note of March 1 was dishonored.

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The Answer of Journalize the following transactions 
(assume a 360-day year when calculating interest):Mar. 1Received a 90-day, 10% note for $24,000, dated March 1, from Batson Co. on account.May 30The note of March 1 was dishonored.

Journalize the Following Transactions