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nt Question 5 of 12 -/15 2021 Udala Uke's had the following transactions involving notes payable. July 1, Borrows $46,000 from First National Bank by

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nt Question 5 of 12 -/15 2021 Udala Uke's had the following transactions involving notes payable. July 1, Borrows $46,000 from First National Bank by signing a nine month, 8% note, Nov. 1, 2021 Borrows $55,200 from Interprovincial Bank by signing a three-month, 6% note. Dec 31, 2021 Prepares annual year-end adjusting entries. Feb. 1 2022 Pays principal and interest to Interprovincial Bank Apr. 1. 2022 Pays principal and interest to First National Bank. Prepare journal entries for each of the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit Date (Borrowed cash and signed a note payable.) v (Borrowed cash and signed a note payable.) (Accrued interest expense) Feb. 1.2022 (Paid note and interest owing.) Apr. 1.2022 search . HD G 2 Apr 1, 2022 (Paid note and interest owing) e Textbook and Media

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