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Nature is thinking of repaying amounts outstanding to her grandmother. Recall that Cookie Creations borrowed $2,000 on November 16, 2017, from Natale's grandmother interest on

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Nature is thinking of repaying amounts outstanding to her grandmother. Recall that Cookie Creations borrowed $2,000 on November 16, 2017, from Natale's grandmother interest on the notes per year, and the note plus interest was to be repaid in 24 months. Recall that a monthly adjusting Journal entry was prepared for the month of November 2017 (12 month), December 2017, and January 2018 Calculate the interest payable that was accrued and recorded up to January 31, 2018. (Round answer to decimal places, e.g. 125.) Interest payable SHOW LIST OF ACCOUNTS calculate the total interest expense and interest payable from February 1 to August 31, 2018. (Round answer to decimal places, ... 125.) Total interest expense and interest payable CALCULATOR FULL SCREEN PRINTER VERSION BACK Prepare the journal entry at August 31, 2018, to bring the accounting records up to date. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answer to decimal places, e.. 125.) Date Account Titles and Explanation Debit Credit Aug. 31 SHOW LIST OF ACCOUNTS Natalie repays her grandmother on September 15, 2018-10 months after her grandmother extended the loan to Cookie Creations. Prepare the journal entry for the loan repayment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answer to o decimal places, .g. 125.) Debit Date Account Titles and Explanation Sept. 15 Credit

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