-9- NOTES RECEIVABLE ((10 Points) value (face amount) of $200,000 for a loan made to its main supplier. The Promissory Note wa for twelve (12) months and had an six percent (6%) annual interest rate. On October 1, 2019, Lawson Company received a Promissory Note (Note Receivable) in the fa REQUIRED In the space provided below, prepare in GOOD FORM the following Journal Entries: (Do give explanations for the Journal Entries) (1) The Journal Entry to record the loan of the $200,000 and the acceptance (receipt) o Note Receivable on October 1, 2019. The Journal Entry to record the Adjusting Entry for the Accrued Interest Reve December 31, 2019. (2) The Journal Entry to record the Cash Collection of the Note Receivable and October 1, 2020. (3) Fland Aset Patents Buildings Equipme 17. Renella Company collects $120,000in aance or e ckets to ) et performances for the year The am collected wepresents the wellout of all seats for the year. The Joural Entry reqired by Renelle Company afher the collection of the advance payment is Credit Debit $120,000 (a) Defered Revene Sales Reveme S120,000 S120,000 Deferred Revenue S120.000 (e) Defemred Revenue Sales Revenmue S 20,000 S 20,000 (d) Sales Revenue S 20,000 S 20,000 Cash Which of the following Depreciation Methods comnutes the same annual amount of depreciation over the life of a Depreciable Asset? 18. (a) (b) (c) (d) Straight-Line Method. (Double) Declining-Balance Method. Activity-Based Method. Units Of Production Method. Nazma Corporation issued (sold) $600,000 Bonds on November 1, 2019 and received $654,328 for the Bonds. The Bonds issued (sold) by Nazma Corporation were issued (sold) at: 19. Face Amount. Discount. Premium. Stated Amount. (a) (b) (c) (d)