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mework Ch9 Han Gmail YouTube Maps 27-4032.00-Film a... :D DROPOUT Saved Keesha Company borrows $200,000 cash on November 1 of the current year by
mework Ch9 Han Gmail YouTube Maps 27-4032.00-Film a... :D DROPOUT Saved Keesha Company borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%, $200,000 note 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 On what date does this note mature? On what date does this note mature? Req 2 and 3 > Keesha Company borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%, $200,000 note. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note maturity Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 What is the amount of interest expense in the current year and the following year from this note? (Use 360 days a year. Do not round intermediate calculations.) Principal Rate (%) Time Total interest Total through maturity Interest Expense Current Year Interest Expense Following Year < Req 1 Req 4 > d Homework Ch9 ok mt -Nima... D DROPOUT 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (d) payment of the note at maturity Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity. View transaction list Journal entry worksheet < 1 2 3 ences Record the issuance of the note on November 1. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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