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Check my work On November 7. 2017, Mura Company borrows S160,000 cash by signing a 90-day, 8% note payable with a face value of S160.000

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Check my work On November 7. 2017, Mura Company borrows S160,000 cash by signing a 90-day, 8% note payable with a face value of S160.000 (Use 360 days a year. Do not round your intermediate calculations.) 1. Compute the accrued interest payable on December 31, 2017 Rate Interest Total through maturit)y Year end interest accrual Interest recognized February 2. & 3. Prepare the journal entry to record the accrued interest expense at December 31, 2017 and payment of the note at maturity Journal entry worksheet Record the accrued interest expense. Note: Enter debits before credts Debit c

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