5 Midshipmen Company borrows $11,500 from Falcon Company on July 1, 2021. Midshipmen repays the amount borrowed and pays interest of 12% (1%/month) on June 30, 2022 Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the 2021 year-end adjusted balances of Interest Receivable and Interest Revenue (assuming the balance of Interest Receivable at the beginning of the year is so). SOK Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If he entry is required for particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the landing for Falcon on July 1 2021. dette General Journal Date VEY 01 2021 Debit Credit Midshipmen Company borrows $11,500 from Falcon Company on July 1, 2021. Midshipmen rep interest of 12% (1%/month) on June 30, 2022 Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the 2021 year-end adjusted balances of Interest Receivable and Interest Revenu Receivable at the beginning of the year is $0). Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a pa Journal Entry Required in the first account field.) View transaction list Journal entry worksheet