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Helen Parish started a design company on January 1, Year 1. On April 1, Year 1, Parish borrowed cash from a local bank by issuing a one-year $46,300 face value note with annual interest based on an 14 percent discount. During Year 1, Parish provided services for $38.400 cash Required Answer the following questions. Record the events in T-accounts prior to answering the questions. a. What is the amount of total liabilities on the December 31, Year 1, balance sheet? b. What is the amount of net income on the Year 1 income statement? c. What is the amount of cash flow from operating activities on the Year 1 statement of cash flows? d. Provide the general journal entries necessary to record issuing the note on April 1, Year t; recognizing accrued interest on December 31 Year 1; and repaying the loai on March 31, Year 2. Complete this question by entering your answers in the tabs below. T Accounts Required A Required B Required Required D Provide the general Journal entries necessary to record issuing the note on April 1, Year 1; recognizing accrued interest on December 31, Year 1; and repaying the loan on March 31, Year 2. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Round your answers to nearest dollar amount) View transaction list Journal entry worksheet 1 2 3 4 Helen Parish started a design company on January 1, Year 1. On April 1, Year 1, Parish borrowed cash from a local bank by issuing a one-year $46,300 face value note with annual interest based on an 14 percent discount. During Year 1, Parish provided services for $38,400 cash Required Answer the following questions. Record the events in T-accounts prior to answering the questions, a. What is the amount of total liabilities on the December 31, Year 1, balance sheet? b. What is the amount of net income on the Year 1 income statement? c. What is the amount of cash flow from operating activities on the Year 1 statement of cash flows? d. Provide the general Journal entries necessary to record issuing the note on April 1. Year 1; recognizing accrued interest on December 31. Year 1 and repaying the loan on March 31. Year 2. Complete this question by entering your answers in the tabs below. T Accounts Required A Required B Required C Required D What is the amount of total liabilities on the December 31, Year 1, balance sheet? (Round your answer to nearest dollar amount.) Total liabiden