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needwe'd help with this on two column paper 18. (10 points) Sage Kayaking markets kayak tours to clients vacationing in various locations in southeast Florida.
needwe'd help with this on two column paper
18. (10 points) Sage Kayaking markets kayak tours to clients vacationing in various locations in southeast Florida. In preparation for the upcoming season, Sage entered into the following transactions related to notes payable. Instructions: Prepare the journal entries to record the following events (OMIT Dec. 1 pec. 31 220.31 Fcb. 28 Mar. Purchased Ocean Kayaks for use as rentals by issuing a Sl 5,000, 3-month, 6% notc payable that is duc March l. Recorded accrued interest for the Ocean Kayak note. Recorded accrued interest for thc Ocean Kayak note. Recorded accrued interest for the Ocean Kayak note. Paid principal and interest on the Ocean Kayak note.
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