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a thru d pls help P11-28 The following are selected trans prepares financial statements quarterly s 2/10, (LO Purchased merchandise on account from Evers Company,

a thru d pls help
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P11-28 The following are selected trans prepares financial statements quarterly s 2/10, (LO Purchased merchandise on account from Evers Company, $20,000, terms 2/10 v/30. (Lindblom uses the perpetual inventory system) Issued a 12%, 2-month $20,000 note to Evers in payment of account Feb. 1 Mar 31 Accrued interest for 2 months on Evers note Apr Paid face value and interest on Evers note. ulyPurchased equipment from Francisco Equipment paying $12,000 in cash and signing a 10%, 3-month, $40,000 note. Sept.30 Accrued interest for 3 months on Francisco note. Oct1 Paid face value and interest on Francisco note Dec. I Bomowed S25,000 from the National Bank by issuing a 3-month, 12% note with a face value of $25,000 Dec. 31 Recognized interest expense for 1 month on National Bank note Instructions ()Prepare journal entries for the above transactions and events 10 (b) Post to the accounts, Notes Payable, Interest Payable, and Interest Expense Show the balance sheet presentation of notes and interest payable at December 31 (d) What is total Interest expense for the year

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