On April 1, Teter Company lent $85,000 to L. Kan on a 90-day, 2% note. 8. Journalize for Teter Company the lending of the money on April 1. 9. Journalize the collection of the principal and interest at maturity. Specify the date. 8. Journalize for Teter Company the lending of the money on April 1. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table. For notes stated in days, use a 360-day year.

On April 1, Teter Company lent 585,000 to L. Kan on a 90-day, 2% note 8. Journalize for Teter Company the lending of the money on April 1 9. Journalize the collection of the principal and interest at maturity Specify the date GDDD 8. Journalize for Tetor Company the lending of the money on April 1 (Record debits first, then credits. Select the explanation on the last line of the journal entry table. For notes stated in days, use a 360-day you) Date Accounts and Explanation Debit Credit Apr 1