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$13.000 17.000 0 December 31, 2011 Notes Novemer 16, 2011 Note 2 December 4 2011 December 31, 2012 Note December 07, 2012 Note 4 December
$13.000 17.000 0 December 31, 2011 Notes Novemer 16, 2011 Note 2 December 4 2011 December 31, 2012 Note December 07, 2012 Note 4 December 21, 2012 10.00 10 10 Required Support a. Prepare the adjusting entries for interest at December 31, 2011 b. Assume that the adjusting entries were made at December 31, 2011. Prepare the 2012 journal entries to record payment of the notes that were outstanding at December 31, 2011 c. Prepare the adjusting entries for interest at December 31, 2012 Round answers to nearest dollar. Use 360 days for interest cakulations when applicable General Journal Description Debit Credit 1465 O Dec 31 interest Expense interest Payable To record interest on note 1 Dec.31 vterest Expense interest Payable To act on note 12 O 123 O Feb 2 17 000 Nos Payable Interest Payable Interest Expense 155 O O 17.283 x To record payment of 2 Mar 15 Notes Payable interest Payable 13 O O O Cash To recordent of 1 MacBook Air
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