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Exercise 4 - Your Company uses the 360 day convention. a) On 11/16/18 Your Co. loaned G Co. $20000 on a 11% 90 day note.

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Exercise 4 - Your Company uses the 360 day convention. a) On 11/16/18 Your Co. loaned G Co. $20000 on a 11% 90 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 360 day convention is used. di (On 8/1/18 Your Co. loaned L Co. $ 5000 on a 12% 3 year note. Record the journal entries at issuance, year end, and when the annual interest payment is received. Assume the monthly convention is used. el On 12/18/18 Your Co. loaned K Co. $9000 on a 14.6% 30 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 365 day convention is used. On 12/20/18 Your Co. loaned I Co. $18000 on a 12% 90 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 360 day convention is used. i) On 12/12/18 Your Co. loaned B Co. $8000 on a 9% 30 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 360 day convention is used. ) On 11/25/18 Your Co. loaned F Co. $22000 on a 8% 45 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 360 day convention is used. General laminal =) On 10/23/18 Your Co. loaned H Co. $14000 on a 6% 90 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 360 day convention is used. b) On 12/20/18 Your Co. loaned I Co. $18000 on a 12% 90 day note. Record the journal entries at issuance, year end, and maturity. Assume interest is paid at maturity and the 360 day convention is used

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