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Chapter 10 Homework Hand-out Hacker Bicycle Rentals entered into the following transactions. Instructions: Prepare the journal entries to record the following: Oct. 1 Hacker purchased

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Chapter 10 Homework Hand-out Hacker Bicycle Rentals entered into the following transactions. Instructions: Prepare the journal entries to record the following: Oct. 1 Hacker purchased bicycles to be used as rentals by issuing a $12,000, 6-month, 88 note payable that is due April 1. Oct. 31 Recorded accrued interest for the note. Nov. 30 Recorded accrued interest for the note. Dec. 31 Recorded accrued interest for the note. Jan. 31 Recorded accrued interest for the note. Feb. 28 Recorded accrued interest for the note. Mar. 31 Recorded accrued interest for the note. Paid principal and interest on the note. Apr. 1

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