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Anthony and Kevin borrowed $18,000 on a 7-month, 10% note from Gem State Bank to open their business, Sandhill's Coffee House. The money was borrowed

Anthony and Kevin borrowed $18,000 on a 7-month, 10% note from Gem State Bank to open their business, Sandhill's Coffee House. The money was borrowed on June 1, 2025, and the note matures January 1, 2026. (a) (b) (c) (d) Prepare the entry required on January 1, 2026, when the loan is paid back. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Cr
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Anthony and Kevin borrowed $18,000 on a 7-month, 10% note from Gem State Bank to open their business, Sandhill's Coffee House. The money was borrowed on June 1,2025, and the note matures January 1, 2026. (a) (b) (c) (d) Prepare the entry required on January 1.2026, when the loan is paid back (List oll debit entries before credit entries. Credit occount tites are automatically indented when amount is entered. Do not indent manually. If no entry is required, select " No Entry' for the occount titles and enter of for the amounts

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