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1.65/3 Question 1 Wiew Policies how Attempt History Current Attempt in Progress Ivanhoe Corporation sells rock-dimbing products and also operates an indoor climbing facility for

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1.65/3 Question 1 Wiew Policies how Attempt History Current Attempt in Progress Ivanhoe Corporation sells rock-dimbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2022, Ivanhoe had the following transactions related to notes payable. Sept. 1 Issued a $14.400 note to Pippen to purchase inventory. The 3-month note payable bears interest of 6% and is due December 1. (Ivanhoe uses a perpetual inventory system) Sept. 30 Recorded accrued interest for the Pippen note. Oct. 1 Issued a $20 400, 10%, 4-month note to Prime Bunkto finance the purchase of a new climbing wall for advanced climbers. The note is due February 1 Oct. 31 Recorded accrued interest for the Pippen note and the Prime Banknote. Nov. 1 Issued a $25,200 note and paid $8.900 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 6% and matures in 12 months Nov. 30 Recorded accrued interest for the Pippen note, the Prime Banknote, and the vehicle note. Dec 1 Pald principal and interest on the Pippen note. Dec. 31 Recorded accrued interest for the Prime Banknote and the vehicle note. - Your answer is partially correct. automatically indented when amount is entered. Do not indent manually. Record Prepare journal entries for the transactions noted above. Credit account titles journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Sept 1 of inventory Notes Parable Sept. 30 arab Oct. 10 Oct. 31 - Your answer is partially correct. repare journal entries for the transactions noted above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Recor urnal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Seol. 2 Sept. 30 Oct. 31 No. 1 No. 30 (Dec 1 : Interest Payab Dec.31 - Your answer is partially correct Post the above entries to the Notes Payable interest Payable, and interest Expense accounts. (Pest entries in the order of journal entries posted in the previous part of the question Notes Payable 123 Interest Expense 11/30 12/3 Interest Payable - Your answer is partially correct. Show the balance sheet presentation of notes payable and interest payable at December 31. IVANHOE CORPORATION Balance Sheet (Partial) December 31, 2022 Current Liabilities .. Notes Payable Interest Payable 7 TEST eTextbook and Media List of Accounts * Your answer is incorrect. How much interest expense relating to notes payable did Ivanhoe incur during the year? Interest expense incurred during the year $

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