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i finsihed most of it just can not figure out the 2 slots Kelly Jones and Tami Crawford borrowed $13,800 on a 7-month, 10% note
i finsihed most of it just can not figure out the 2 slots Kelly Jones and Tami Crawford borrowed $13,800 on a 7-month, 10% note from Gem State Bank to open their business, Cullumber's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. (a) Your answer is correct Prepare the entry to record the receipt of the funds from the loan (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 1 Notes Payable 100 Your answer is partially correct. Prepare the entry to accrue the interest on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30 interest Expense 1 Interest Payable eTextbook and Media List of Accounts Save for Later Last Saved 1 day ago Attempts: unlimited Subenit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above
i finsihed most of it just can not figure out the 2 slots
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