Agrico Incorporated accepted a 10-month, 13% (annual rate), $5,650 note from one of its customers on July 15, 2022; interest is payable with the principal at maturity. 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. Assets Balance Sheet Liabilities Stockholders' Equity Net Income its customers on July 15, 2022: ed December 31, 2022. diate calculation. Round your final Stockholders' Equity Net Income Interest revenue Income Statement Revenues Expenses 05 Required information. [The following information applies to the questions displayed below] Agrico Incorporated accepted a 10-month, 13% (annual rate), $5,650 note from one of its customers on July 15, 2022; interest is payable with the principal at maturity. a-2. Prepare the journal entry to record the interest earned by Agrico during its year ended December 31, 2022. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculation. Round your answers to 2 decimal places. View transaction list View journal entry worksheet No A Event 1 Interest receivable Interest revenue General Journal Debit Credit Required information [The following information applies to the questions displayed below] Agrco Incorporated accepted a 10-month, 13% (annual rate), $5,650 note from one of its customers on July 15, 2022; interest is payable with the principal at maturity. -1. Prepare the horizontal model to record collection of the note and interest at maturity. Note: Enter decreases to account balances with a minus sign. Do not round your intermediate calculation. Round your final answers to two decimal places. Assets = Balance Sheet Liabilities ... Stockholders' Equity Check m 1 nt rences 15, 2022, nd your final. Stockholders' Equity H Net Income = = WO W Income Statement Revenues Check my work Expenses Required information (The following information applies to the questions displayed below] Agrico Incorporated accepted a 10-month, 13% (annual rate), $5,650 note from one of its customers on July 15, 2022; interest is payable with the principal at maturity. b-2. Prepare the journal entry to record collection of the note and interest at maturity. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculation. Round your answers to 2 decimal places. A No Event 1 Interest expense Interest revenue Answer is not complete. General Journal 3* Debit Credit