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november 1 2017 mall provided a store a loan of 101,000 to renovate store. the loan had a tennant on a one year note with
november 1 2017 mall provided a store a loan of 101,000 to renovate store. the loan had a tennant on a one year note with a stayed annual interest rate of 9%. interest is to be recieved by the mall on april 30 2018 and a maturity on october 31 2018 prepare journal entries?
1) record the receipt of a note on nov 1 2017 for a 101,000 loan to a new tenant
2) record the interest accrued on the notes as of december 31 2017
3) record the receipt of interest for the period ending april 30 2018
4) record the reciept of the interest on the note's maturity date
5) record the receipt of thr payment for thr full principal
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