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1 Wygant Corporation borrowed $390.000 on October 1 last year. The note carried a 14% interest rate with the principal and interest payable on May

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1 Wygant Corporation borrowed $390.000 on October 1 last year. The note carried a 14% interest rate with the principal and interest payable on May 1 this year Prepare the journal entry to record the following transactions. Of no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transactions Journal entry worksheet > Record the note on October 1 tror det er General Jurnal De Dale October Credit Hacerdry Clay Viergeneral mural the first account field.) Sleer "No journal entry Sked View transaction list Book Journal entry worksheet 1 2 Record the accrued interest on December 31 Note: Enter debits before credits General Journal Debit Credit Date December 31 Record entry Clear entry View general journal

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