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ab Saved Note Interest Payable rest Expense metan et of the holes in the given information to se e all Revise your worksheet to reflect

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ab Saved Note Interest Payable rest Expense metan et of the holes in the given information to se e all Revise your worksheet to reflect these updated assumptions and then ansy Issue Date July 1, Year 1 April 1, Year Maturity Date Principal Rate 280,000 6% Required: 1. Use your spreadsheet to recalculate the amounts related to the note and ti required for a transaction/event, select "No Journal Entry Required" in the View transaction list Prey Saved Required information Required: 1. Use your spreadsheet to recalculate the amounts related to the note and then prepare the relat required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Prepare the journal entry to record the issuance of the note. Note: Enter debits before credits Date General Journal Debit Credit PORI Required information quired: Use your spreadsheet to recalculate the amounts related to the note and then quired for a transaction/event, select "No Journal Entry Required in the first View transaction list Journal entry worksheet Required information Check my 2. Assuming the rate changes to 7%, what is the revised amount of interest accrued at the end of Years 1 and 2? Year 1 Year 2 3. Assuming the maturity date also changes to February 1 Year 2. what is the revised amount of interest accrued at the end of Years and 2? Year 1 Year 2

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