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3 Part 1 of 4 - 16.66 points Required information Exercise 5-17 (Algo) Notes receivable-interest accrual and collection LO 5-6 [The following information applies
3 Part 1 of 4 - 16.66 points Required information Exercise 5-17 (Algo) Notes receivable-interest accrual and collection LO 5-6 [The following information applies to the questions displayed below.] Agrico Incorporated accepted a 10-month, 13% (annual rate), $5,150 note from one of its customers on July 15, 2022; interest is payable with the principal at maturity. eBook Hint Exercise 5-17 (Algo) Part a (1) Required: a-1. Prepare the horizontal model to record the interest earned by Agrico during its year ended December 31, 2022. Note: Enter decreases to account balances with a minus sign. Do not round your intermediate calculation. Round your final answers to two decimal places. Print References Cash Cash Assets Depreciation expense Interest payable Interest receivable Interest revenue Note receivable. Balance Sheet Liabilities Stockholders' Equity Check my work Income Statement Net Income Revenues Expenses
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