Question - Journalize the following transactions for the scott company:
Nov 4 Received a $6,500, 90-day, 6% Note from Michael Tim's in payment of his account. (2 lines or 1 deb & 1 cred)
Dec 31 Accrued interest on the Tim's note. (2 lines or 1 deb & 1 cred)
Feb 2 Received the amount due from Tim's on his note (4 lines)