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aining Time: 2 hours, 21 minutes, 30 Seconds estion Completion Status: U OVISNO O WWW TEST QUESTIOITTO Gestion 14 Seven 10 points On November 1,

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aining Time: 2 hours, 21 minutes, 30 Seconds estion Completion Status: U OVISNO O WWW TEST QUESTIOITTO Gestion 14 Seven 10 points On November 1, 2021, the company, XYZ, lent a supplier, RJC, $40,000 and a 7-month note receivable was signed requiring principal and interest at an annual interest rate of 6% to be paid on May 31, 2022. (10 points) Copy the entire question(1, 2 and 3) along with the tables below to answer in the same format. 1.) Prepare the adjusting entry for 12/31/21 for XYZ. (3pts) Dane Account Tule Description Debit Credit 2. Prepare the adjusting entry for 12/31/21 for RJC. (3pts) Accord Title Detition Debat Credit De 2.) Prepare the adjusting entry for 12/31/21 for RJC. (3pts) Date Account Title Description Debit Credit 3.) Prepare the entry that would be made by the RJC on May 31, 2022 for the payment of the amount due to XYZ if the company does not make reversing entries. (4 points) Credit Die De Account Title Description 7 368 TTTA 31200 + T.. + O etter the electranflation agrische Alpin

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