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letter B please Assuming Marigold Co's fiscal year-end is December 31, prepare the journal entry for December 31, 2021. (Round answers to o decimal places,

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Assuming Marigold Co's fiscal year-end is December 31, prepare the journal entry for December 31, 2021. (Round answers to o decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31. 2021 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer Prepare the journal entry to record the transaction of December 31, 2020, for the Marigold Co. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Date Dec. 31. 2020 Credit Notes Receivable 262700 Discount on Notes Receivable 49487 Service Revenue 213213 On December 31, 2020, Marigold Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Marigold Co. agreed to accept a $262.700 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 11%. Marigold is much more creditworthy and has various lines of credit at 6% Click here to view factor table

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