0.67/1 Question 5 of 10 Show Attempt History Current Attempt in Progress On December 31, 2020, Coronado Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Coronado Co, agreed to accept a $264,600 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 12%. Coronado is much more creditworthy and has various lines of credit at 6%. (a) Your answer is correct. Prepare the journal entry to record the transaction of December 31, 2020, for the Coronado Co. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Dec. 31. 2020 Notes Receivable 264,600 Service Revenue 210,936 Discount on Notes Receivable 53,664 e Textbook and Media Question 5 of 10 0.67/1 III (b) Your answer is correct. Assuming Coronado Co's fiscal year-end is December 31, prepare the journal entry for December 31, 2021. (Round answers to o decimal places , es 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec 31, Discount on Notes Receivable 2021 25312 Interest Revenue 25312 e Textbook and Media List of Accounts Attempts: 1 of 4 used Assuming Coronado Co's fiscal year-end is December 31, prepare the journal entry for December 31, 2022. (if no entry is required, select "No Entry for the accounttities and enter for the amounts. Creditoccount titles are automatically indented when the Question 5 of 10 0.67/1 (c) Assuming Coronado Co's fiscal year-end is December 31, prepare the journal entry for December 31, 2022. Of no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically Indented when the amount is entered. Do not Indent manually) Account Titles and Explanation Debit Credit Date Dec. 31, 2022 (To record interest revenue To record collection of note) e Textbook and Media List of Accounts Attempts:0 of 4 used Submit