mmmL L T UT, LULU. IRON een video to calculations to 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.) Date Account Titles and Explanation Dec. 31. 2020 Debit Credit List of Accounts Type here to search DOLL John Acrobats lent $15,992 to Donaldson, Inc., accepting Donaldson's 2-years, $19.000, zero-interest-bearing note. The implied interest rate is 9%. Prepare John's journal entries for the initial transaction, recognition of interest each year, and the collection of $19,000 at maturity. (Round answers to Credit account titles are automatically Indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit 1. Notes Receivable (To record the initial transations) (To record the recognition of interest in year one) (To recognize the interest in year 2) (To record the collection of the note) List of Accounts Savo Last saved 1 second ago