Accompamying a bank statement for Santee Company is a credi

Accompamying a bank statement for Santee Company is a credi meo for $31,82 nepresenting the prnopa (529,400) and ines (52 3) o a ne ha had b oned by he benik The compary he bah ned by ease te of e ofetion sad hm o

Solution

Date Account Debit credit March 1 Cash 31752 Note receivable 29400 Interest revenue 2352 [Being note collected by bank]