Can someone help me fill out these charts please? I need up understanding
G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 2 Arial 17 BIUAN GAME EXO. 31 11 11|1 1 171 1 1 1417 1 1 1 1412 1 1 1 1 1 13 1 1 1 141 11 11 15 1 1 1 1 1 16 1 1 1 Problem 41-1: Prepare journal entries for interest-bearing and non-interest-bearing notes payable. Prepare entries for the following notes payable transactions of the Susan Wall Company. (Use 360-day year.) September 4 Susan Wall borrowed $3,200 from Texas Trust, giving a 9%, 80-day note. 8 She borrowed $2,700 from the First State Bank, giving a $2,700, 60-day, non-interest-bearing note. The bank discounted the note at 8%. November 7 She paid the maturity value on the September 8 note to the First State Bank 23 She paid the September 4 note. DATE ACCOUNTS AND EX REF. DEBIT CREDIT Sept. Borrowed $3,200 by issuing 9%, 80-day note 8 Borrowed $2,700 by issuing 60-day, non-interest-bearing note, discounted at 8% + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Normal text Arial 11 31 1 1 1|1 101 1 1 11 17 1 1 1 1412 1 1 1 11 13 1 1 1 141 11 11 15 1 1 1 1 1 16 1 1 1 1 1 17 . O 2 of 8 Computations: Nov. 7 Paid September 8 note ($2,700 non-interest-bearing, 60-day, 8% discount) 23 Paid September 4 note ($3,200, 9%, 80-day) Computations: + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 3 Arial 13 31 1 1 121 1 1| 1 1 13 1 1 1 1 141 1 1/1 1 15 1 1 1 1 1 1 16 1 1 1 1 1 17 1 Problem 41-2: Prepare journal entries for interest-bearing and non-interest-bearing notes payable.| Prepare entries for the following notes payable transactions of the Ortiz Company. (Use 360-day year.) May 12 Antonio Ortiz purchased a copy machine for $4,400, giving a 9%, 120-day note in payment 22 He extended the payment time on $420 owed to Cindy Clem on account by issuing a $420, 9 1/2%, 90-day note. June 12 He purchased merchandise from the Wyche Company for $6,300, issuing a 10%, 50-day note in payment. August 1 He renewed the June 12 note, issuing a new note for $6,300 at 12% for 50 days, and paid the accrued interest on the June 12 note. 20 He paid the May 22 note September 9 He renewed the May 12 note issuing a new note for the maturity value of the May 12 note with interest at 9% for 60 days. 20 He paid the August 1 note. November 8 21 He paid the note of September 9. He borrowed $2, 100 from Gail Galvan, giving a 9%, 60-day note. December 11 He borrowed $1,400 from the Chase Bank, giving a 50-day, non-interest-bearing note. The bank deducted $20 discount. 31 31 He made an adjusting entry for accrued interest on the note of November 21. He made an adjusting entry for the deferral of interest on the note of December 11. DATE ACCOUNTS AND EXPLANATION REF. DEBIT CREDIT May 12 Issued $4,400, 9%, 120-day note for purchase of equipment + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 3 Arial 13 BIUAS GAME EEXO 31 171 11 1417 1 1 1 11 12 1 1 1 1 1 13 1 1 1 141 11 11 15 1 1 1 11 16 1 1 1 1 1 17 . . o 22 Issued $420, 9 1/2%, 90-day note for extension of time on open account Jun. 12 Issued $6,300, 10%, 50-day note for merchandise (periodic system) Aug. Issued new $6,300, 12%, 50-day note for June 12 note ($6,300, 10%, 50-day) and accrued interest Computation: + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 3 Arial 13 BIU AN GAME . EEXO. 31 1 1 1 1|1. 171 11 11 171 1 1 11 121 1 1 1 1 13 1 1 1 141 11 11 15 1 1 1 1 1 16 1 1 1 171 1 DATE ACCOUNTS AND EXPLANATION REF . DEBIT CREDIT Aug 20 Paid May 22 note ($420, 9 1/2%, 90-day) Computation Sept. 9 5 of 8 Issued new note for maturity value of May 12 note ($4,400, 9%, 60-day) Computation: 20 + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 E 6 Share S File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 3 Arial 13 Y 31 1 101 1 17 1 1 1 1 1 12 1 1 1 1 1 13 1 1 1 1 1 141 11|1 1 15 1 1 1 |1 1 16 1 1 Issued new note for maturity value of May 12 note ($4,400, 9%, 60-day) Computation: 20 Paid August 1 note ($6,300, 12%, 50 day) 6 of 8 Computation: Nov. 8 + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 3 Arial 13 BIUAN GAME EEXO 31 1101 1 17 1 1 1 1 1 12 1 1 1 1 1 13 1 1 1 1 1 1 4 1 1 1 1 1 1 5 1 1 1 1 1 16 1 1 1 1 17 1 Nov. 8 Paid September 9 note ($4,532, 9%, 60-day) Computation: 21 Borrowed $2, 100 by issuing $2, 100, 9%, 60-day note Dec. 11 6 of 8 Borrowed $1,400 by issuing 50-day non-interest-bearing note, discounted at $20 Computation: + G a docs.google.com () C YouTube Will some o... 40 - Google... Will someon... stream Can someo... YouTube Take Test: E... My Drive -... 41 - Google... u 41 S E 6 Share File Edit View Insert Format Tools Add-ons Help All changes saved in Drive 75% Heading 3 Arial 13 BIUAN GAME BEEXO. 31 1 1 1101 141417 1 11 14121 11 1413 1 1 1 141 11 1 1 15 1 1 1 1 1 16 1 1 1 1 1 17 Problem 41-2 (continued) DATE ACCOUNTS AND EXPLANATION REF. DEBIT CREDIT Dec. 31 Adjusting entry for accrued interest on November 21 note ($2, 100, 9%, 60-day) Computation: 31 Adjusting entry for deferral of interest on December 11 note ($1,400, 50-day non-interest-bearing) Computation: +
