Jensen Corporation borrowed from its bonk $ 10.000 on a 90-day note at 12%. The note and interest were to be paid upon maturity in Y4. Give ail journal entries to record this transaction on Dec. 1, Y3. Indicate the account title to be debited by $10,000. Acct Receivable Cash Interest Expense Accounts Payable Note Payable Indicate the account title to be credited by $10,000. Acct Receivable Cash Accounts Payable Note Payable Interest Expense Prepare the adjusting entry to record accrued interest on the note. How much interest expense would be reported in Y3? $50 $100 $300 $1, 200 Indicate the account title to be debited Acct Payable Cash Interest Expense Interest Payable Treasury Stock Indicate the account title be credited Acct Payable Cash Interest Expense Interest Payable Treasury Stock To expand operations, Jensen Corporation issued 20,000 shares of previously unissued stock with a par value of $2. The selling price for the stock was $10 per share. Give journal entries to record the sale of this stock. Indicate the account title to be debited by $200,000 Accounts Receivable Cash Common Stock Paid-in Capital in Excess of Par Retained Earnings Indicate the account title to be credited by $40,000. Accounts Receivable Cash Common Stock Paid-in Capital in Excess of Par Treasury Stock Indicate the account title to be credited by $160,000. Accounts Payable Cash Common Stock Paid-in Capital in Excess of Par Treasury Stock Jensen Corporation borrowed from its bonk $ 10.000 on a 90-day note at 12%. The note and interest were to be paid upon maturity in Y4. Give ail journal entries to record this transaction on Dec. 1, Y3. Indicate the account title to be debited by $10,000. Acct Receivable Cash Interest Expense Accounts Payable Note Payable Indicate the account title to be credited by $10,000. Acct Receivable Cash Accounts Payable Note Payable Interest Expense Prepare the adjusting entry to record accrued interest on the note. How much interest expense would be reported in Y3? $50 $100 $300 $1, 200 Indicate the account title to be debited Acct Payable Cash Interest Expense Interest Payable Treasury Stock Indicate the account title be credited Acct Payable Cash Interest Expense Interest Payable Treasury Stock To expand operations, Jensen Corporation issued 20,000 shares of previously unissued stock with a par value of $2. The selling price for the stock was $10 per share. Give journal entries to record the sale of this stock. Indicate the account title to be debited by $200,000 Accounts Receivable Cash Common Stock Paid-in Capital in Excess of Par Retained Earnings Indicate the account title to be credited by $40,000. Accounts Receivable Cash Common Stock Paid-in Capital in Excess of Par Treasury Stock Indicate the account title to be credited by $160,000. Accounts Payable Cash Common Stock Paid-in Capital in Excess of Par Treasury Stock