Cecilia Jan 21 2017 & 200000 2112 March 30 Quterm 3112 ID Jun 30 + Qutirm 1/12 July 31 Supr 30 ACCOUNT 3/12 dec 21 11/12 Interest Suterm 1. Cecilia Corp. hired a new CEO and has extended a $200,000 note on January 31st 2017 to cover moving expenses. The term of the note is one year and has an interest rate of 6%. Interest payments are due at six months and twelve months. The company has a year end of December 31st and produces quarterly statements. Using the accrual method of accounting prepare the entire set of journal entries for Cecilia Corp. associated with the term of the note. 3nt crest = 200,000 (0.6) (1/12) - 1000/ mouth YIE DEBIT CREDIT

6%. Interest payments are due at six, workhs and welve monhis. The conngug kat year end of December 31 st and produces quatrerly vaements. Nings he mimah nothes: of accounting prepare the emire set of journal entries for Cechila Cop- winialas whe the term of the note. surcuete =220,000(0.6)(112)1000 manh