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0 - X Requirements 1. Journalize all entries for Maple Bank related to the note for 2018 and 2019. 2. Which party has a a.
0 - X Requirements 1. Journalize all entries for Maple Bank related to the note for 2018 and 2019. 2. Which party has a a. note receivable? b. note payable? c. interest revenue? d. interest expense? 3. Suppose that Kim Caulkin defaulted on the note. What entry would Maple record for the dishonored note? Print Done On June 30, 2018 Maple Bank loaned 906.000 to Kim Caulid on a one year, 6 note Maple's fiscal year ends on December 31 Red LHS Requirement 1. Journalice les fa Maple Bunkelbled to the role lun 2018 2019 (Record debil fral, the credits Select the explanation on the last line of the journalistle) Begin by recording the loan on June 30, 2018 Dule Accounts and explanation Dobit Credit 2015 Jun 30 Record the entry to SUCIU interesi revenue on the Culkin noie at December 31, 2018. (Uge months for interest Calculations Date Accounts and Explanation Debit Credit 2018 Dec. 31 Journalize the collection of the note from Kim Caulkin at maturity. (Prepare a single compound joumal entry. Use months for Interest calculations Date Accounts and planation Dahlt Credit 2019 Jun 30 Requirement 2. Which party Which party has it? a. not receivable I note payable C. interest revenue d. Interest expense Requirement 3. Suppose that Kim Caukin defaulted on the note. What entry would Maple record for the dishonored note? (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Prepare a single compound journal entry. Use months for interest calculations.) Accounts and Explanation Debit Credit 2019 Jun 30 Choose from any ist or enter any number in the input fields and then continue to the next
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