Distance Running Shoes reports the following (Click the icon to view the information.) Journalize all entries required for Distance Running Shoes. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jan. 2, 2018: Recorded credit sales of $103,000. Ignore Cost of Goods Sold. Date Accounts and Explanation Debit Credit 2018 Jan. 2. * More Info 2018 Jan. 2 Recorded credit sales of $103,000. Ignore Cost of Goods Sold. Nov. 1 Loaned $17,000 to Karen Phillip, an executive with the company, on a one-year, 6% note. Dec. 31 Accrued interest revenue on the Phillip note. Nov. 1. 2018: Loaned $17,000 to Karen Phillip, an executive with the company, on a one-year, 6% note. Date Accounts and Explanation Debit Credit 2019 Nov. 1 2018 Collected the maturity value of the Phillip note. Nov. 1 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Distance Running Shoes reports the following: (Click the icon to view the information.) Journalize all entries required for Distance Running Shoes. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Dec. 31, 2018: Accrued interest revenue on the Phillip note. Date Accounts and Explanation Debit Credit 2018 * More Info Dec. 31 2018 Jan. 2 Recorded credit sales of $103,000. Ignore Cost of Goods Sold. Nov. 1 Loaned $17,000 to Karen Phillip, an executive with the company, on a one-year, 6% note. Dec. 31 Accrued interest revenue on the Phillip note. Nov. 1, 2019: Collected the maturity value of the Phillip note. (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit 2019 2019 Nov. 1 Collected the maturity value of the Phillip note. Nov. 1 Print Done Choose from any list or enter any number in the input fields and then continue to the next question.

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