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Midshipmen Company borrows $15.500 from Falcon Company on July 2018, Midshipmen repays the amount borrowed and prys interest of 12 month on June 30, 2019

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Midshipmen Company borrows $15.500 from Falcon Company on July 2018, Midshipmen repays the amount borrowed and prys interest of 12 month on June 30, 2019 0.15 points You did not receive full credit for this question in a previous attempt Required informat 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction levent, select "No journal entry required in the first account field) View transaction list Journal entry worksheet 1 2 Record the lending for Falcon on July 1, 2018. Note: Enter debits before credits Date General Journal Debit Credit July 01, 2018 20. 0.10 points You did not receive full credit for this question in a previous attem 3. Calculate the 2018 year-end adjusted balances of Interest Receivable and Interest Revenue (assuming the balance of Interest Receivable at the beginning of the year is $0). Ending Balance Interest receivable Interest revenue

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