Prepare skysongs november entry, Accounting Basics

Prepare skysongs november entry

Problem: Skysong Family Importers sold goods to Tung Decorators for $40,800 on November 1, 2017, accepting Tung's $40,800, 6-month, 6% note.

Required: Prepare Skysong's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest.

Expected delivery within 24 Hours

Write atleast 100 words!!

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