Enter the principle amount, interest rate, and number of days of interest to be recorded for each note.

The January 1, 2016 trial balance for the Smith Company is found on the trial balance tab. The beginning balances are assumed Walker Co. entered into the following transactions involving short-term liabilities in 2016 and 2017.(Use 2016 Apr. 20 Purchased $50, 750 of merchandise on credit from Lee, terms are n/30. Walker uses the perpetual inventory May 19 Replaced theApril 20 account payable to Lee with a 90-day, S36,000 n te bearing 6% annual interest along July earroved Stoa. O00 cash from NBR Bank by signing system with paying $14,750 in cash $108, 000 , a 120-day, 9% interest-bearing note with a face value of Aug. 17 Paid the amount due on the note to Lee at the maturity date. Nov. 5 Paid the amount due on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $66,000 cash from Albany Bank by signing a 60-day, 8% interest-bearing note with a face value of $66,000 Dec. 31 Recorded an adjusting entry for acrued interest on the note to Albany Bank. 2017 Jan. 27 Paid the amount due on the note to Albany Bank dt the maturity date General Trial Balance Payables Interest Ledger Schedule of Calculation of General Enter the principal amount, interest rate, and number of days of interest to be recorded for each note. Verify that interest expense agrees with your journal entries and the trial balance. Walker Co Calculation of interest expens August 17- Lee note: Principal Interest rate Number of days' interest to be recorded in 2016 Total interest expense 2016 Total interest expense- 2016 0 KSchedule of Payables 2017 payment