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2626 ook Danali Corporation borrowed $220,000 on October 1. The note carried a 9 percent interest rate with the principal and interest payable on
2626 ook Danali Corporation borrowed $220,000 on October 1. The note carried a 9 percent interest rate with the principal and interest payable on May 1 of next year. Prepare the following journal entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 2 Prepare the journal entry to record the note on October 1.. Note: Enter debits before credits. Datel October 011 General Journal Debit Credit
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