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On August 31, 2018. Becky Tuttle borrowed $5,000 from Great State Bank. Tuttle signed a note payablo, promising to pay the bank principal plus interest

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On August 31, 2018. Becky Tuttle borrowed $5,000 from Great State Bank. Tuttle signed a note payablo, promising to pay the bank principal plus interest on August 31, 2019. The interest rate on the note is 9%. The accounting year of Great State Bank ends on June 30, 2019. Journalize Great State Bank's (a) lending money on the note receivable at August 31, 2018. (b) accrual of interest at June 30, 2019, and (c) collection of principal and interest at August 31, 2019, the maturity date of the noto, Journalize Great State Bank's (a) lending money on the note receivable at August 31, 2018. (D) accrual of interest at June 30, 2019, and (c) collection of principal and interest at August 31, 2019, the maturity date of the note. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Prepare the journal entry for the issuance of the note receivable on August 31, 2018. Journal Entry Accounts 2018 Note Receivable. Becky Tuttle Aug 31 Cash Date Credit Debit 5000 5000 (6) Prepare the journal entry to record the accrual of interest at June 30, 2019. Journal Entry Date Accounts Debit 2019 Interest Receivable 375 Jun 30 Interest Ravenue Credit 375 (c) Prepare the journal entry to record the collection of the note principal and interest at August 31, 2019, the maturity date of the note: Journal Entry Credit Date Accounts Debit Cash 2019 Aug 31 5000 Note Receivable - Becky Tuttie Interest Receivable Interest Revenue 375 Choose from any list or enter any number in the input fields and then continue to the next question What is the interest revenue

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