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Interest $ 2,250 1,350 900 Principal x Rate (%) x Time Total through maturity Year end interest accrual $ 180,00o 180,000 Interest recognized February 5
Interest $ 2,250 1,350 900 Principal x Rate (%) x Time Total through maturity Year end interest accrual $ 180,00o 180,000 Interest recognized February 5 $ 180,000 51% r90360 51% s4/360 51% 36360 2. & 3. Prepare the journal entry to record the accrued interest expense at December 31, 2017 and payment of the View transaction list Journal entry worksheet Record the payment of note at maturity. Note: Enter debits before credits Prev2 4
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