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Give the general journal entry to record each of the following transactions for Davidson Company 1. Issued a 6-month, 9 percent note for $69,000 to

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Give the general journal entry to record each of the following transactions for Davidson Company 1. Issued a 6-month, 9 percent note for $69,000 to purchase two forklifts on May 14, 20x1(debit Warehouse Equipment. 2. Discounted its own 180-day, noninterest-bearing note with a principal amount of $23,000 at the Nelson Bank and Trust on May 28, 20x1. The bank charged a discount rate of 10 percent. 3. Paid the May 14 note on its due date. 4. Paid the note discounted on May 28 on its due date. Analyze: What is the total interest expense for the year as a result of these transactions? Complete this question by entering your answers in the tabs below. General Journal Analyze Give the general journal entry to record each of the above transactions for Davidson Company: (Use 360 days a year.) View transaction list Journal entry worksheet 4 Record entry for 6-month, 9% note issued for warehouse equipment. N Enter debits before credits Complete this question by entering your answers in the tabs below. General Journal Analyze Give the general journal entry to record each of the above transactions for Davidson Company: (Use 360 days a year View transaction list Journal entry worksheet >

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