Betty Mark and Helen borrowed $13,800 on a 7-month, 10% note from Gem State Bank to open their business, Cullumber's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. (a)-(b), (d) (a) (b) (d) Prepare a tabular summary to record the receipt of the funds from the loan. Prepare a tabular summary to accrue the interest on June 30. Prepare a tabular summary to record the repayment of the loan on January 1, 2023. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) (a) June 1, 2022 $ (b) June 30, 2022 (d) Jan. 1, 2023 Assets Cash = tA $ Notes Pay. Liabilities + $ Interest Pay. LA

(b) Prepare a tabular summary to accrue the interest on June 30 . (d) Prepare a tabular summary to record the repayment of the loan on Janaary 1,2023. Include margin explanations for the changes in revenues and experises. (ff a transaction causes a decrease in Assets, Labuilities or Stockholders' Equilty, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equilty item that was reduced.) (b) Prepare a tabular summary to accrue the interest on June 30. (d) Prepare a tabular suminary to record the repayment of the loan on January 1,2023. Include margin explanations for the changes in revenues and expenses, af a transaction causes a decrease in Assets, Labilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Betty Mark and Helen borrowed \$13,800 on a 7-month, 10% note from Gem State Bank to open their business, Cullumber's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1,2023. (a)-(b), (d) (a) Prepare a tabular summary to record the receipt of the funds from the loan. (b) Prepare a tabular summary to accrue the interest on June 30. (d) Prepare a tabular summary to record the repayment of the loan on January 1,2023. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equily, place a negative stan (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced)