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Chris Acrobats lent $14,349 to Donaldson, Inc; accepting Donaidsoris 2 year, $18,000, zero interest-bearing note The implied interest rate is 12% Prepare Chris's journal entries

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Chris Acrobats lent $14,349 to Donaldson, Inc; accepting Donaidsoris 2 year, $18,000, zero interest-bearing note The implied interest rate is 12% Prepare Chris's journal entries for the initial transaction, recoknition of interest each year, and the collection of $18,000 at maturity. (Round answers to 0 decimal ploces, e3. 5,275. If no entry is requlred, select "No Entry" for the ocoount titles and enter 0 for the omounts. Credit account tides are outomaticelly indented when the amount is entered. Do not indent monually. List oll debit entries before credit entriesi

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