Journal entry worksheet 45 Recorded $18,000 depreciation on the equipment costing $118,000; should have recorded $24,500. Note: Enter debits before credits. Journal entry worksheet 1 2 3 Recorded a full year of accrued interest expense on a $19,800,11 percent note payable that has been outstanding only since November 1. Note: Enter debits before credits. employees at the end of the first week of next year. Journal entry worksheet Prepare the adjusting entry needed at December 31. On September 1 of the current year, loaned $5,800 to an officer who will repay the loan principal and interest in one year at an annual interest rate of 8 percent. Note: Enter debits before credits. Journal entry worksheet 45 Recorded $18,000 depreciation on the equipment costing $118,000; should have recorded $24,500. Note: Enter debits before credits. Journal entry worksheet 1 2 3 Recorded a full year of accrued interest expense on a $19,800,11 percent note payable that has been outstanding only since November 1. Note: Enter debits before credits. employees at the end of the first week of next year. Journal entry worksheet Prepare the adjusting entry needed at December 31. On September 1 of the current year, loaned $5,800 to an officer who will repay the loan principal and interest in one year at an annual interest rate of 8 percent. Note: Enter debits before credits