1.

Dharma, a public company, sold a piece of equipment at the beginning of Year 1, receiving a $29000, two-year 1% note. Interest is paid at the end of each year, Market interest rates are assumed to be 10% (Ey of $1. PVA of Si, and PVAD. of $1) (Use appropriate factor(s) from the tables provided.) --- Saved 2. Prepare entries for the sale, interest revenue and cash collection each year for two years. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round time value factor to 5 decimal places. Round intermediate and final answer to the nearest whole dollar amount.) View transaction fist Journal entry worksheet 1 2 3 > Record the sale and note receivable. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Lab 1 2. Prepare entres for the sale interest revenue and cash collection each year for two years of no entry is required for transaction/event, select "No journal entry required in the first account field. Round time value factor to 5 decimal places. Round intermediate and final answer to the nearest whole dollar amount) NO woord View transactions Journal entry worksheet book 2. 3 > PA Record the interest revenue at the end of Year 1. Oferences Note: Enter dels before credits Debit Credit General Journal Transaction 2 Record entry Clear entry View general Journal Prey 1 of 5 Next > 2. Prepare entries for the sale, interest revenue, and cash collection each year for two years. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round time value factor to 5 decimal places. Round intermediate and final answer to the nearest whole dollar amount.) View transaction list Journal entry worksheet 2 3 Record the receipt of interest and Note receivable. Note: Enter debits before credits. Debit Credit General Journal Transaction 3 Record entry Clear entry View general Journal