ezto.mheducation.com C Assignment 3 - Ch 3 - Con. M Sign In | Connect | McGraw Hill 121. My Awards P Assignments - To Do DZ1. Bricks nment 3 - Ch 3 i Saved Help Save & Jurassic Jumpers Co. (JJ Co.) offers bungee jumping for those looking for an extreme outing. JJ Co. prepares annual financial statements and has a December 31, 2023 year-end. a. On April 1, 2023, JJ Co. took out a five-year, $720,000 bank loan with an interest rate of 3%. Interest expense is paid on the first day of each month. b. On July 1, 2023, JJ Co. issued a two-year, $54,000 Note Receivable with an interest rate of 4%. Interest income will be collected on January 1 and July 1 of each year. c. On December 15, 2023, JJ Co. took a university student club bungee jumping for $3,900. The student club was invoiced on ped December 31, 2023 and paid JJ Co. on January 15, 2024. Required: Record the adjusting journal entries at December 31, 2023. View transaction list Journal entry worksheet 2 3 Record accrued interest expense. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2023 Prev 2 of 6 Next > MacBook Air DII DD 80 F6 F7 FB F9 &