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Journal entries without explanation for the following transactions involving notes payable for Gomez company, whose focal year ends June 30 June 20 Paid a trade

Journal entries without explanation for the following transactions involving notes payable for Gomez company, whose focal year ends June 30

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June 20 Paid a trade account payable with a 90-day, 9 percent $60,000 note. Into X is in addition to the face value. 30 Made end of year adjusting entry to accrue interest expense for the note 30 Made end of-year closing entry pertaining to interest expense. Sept. 18 Paid amount due on note, plus interest Current Liabilities - Accounts Payable & Notes Payable Required: Use the information in the attachment to prepare journal entrie the following transactions involving notes payable for Gomez year ends June 30

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