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On December 31, 2025, Bonita Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Bonita Ca agreed to accept a

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On December 31, 2025, Bonita Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Bonita Ca agreed to accept a $328,100 zero-interest-bearing note due December 31, 2027, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 11%. Bonita is much more creditworthy and has varlous lines of credit at 6%. (a) Prepare the journal entry to record the transaction of December 31, 2025, for the Bonita Co. (Round present value foctor calculations to 5 decimal places, es. 1.25124 and final answers to O decimal ploces, es. 5.275. If no entry is required, select "No Entry" for the account titles and enter of or the amounts. Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries befortoredit entries. On December 31, 2025, Bonita Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Bonita Ca agreed to accept a $328,100 zero-interest-bearing note due December 31, 2027, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 11%. Bonita is much more creditworthy and has varlous lines of credit at 6%. (a) Prepare the journal entry to record the transaction of December 31, 2025, for the Bonita Co. (Round present value foctor calculations to 5 decimal places, es. 1.25124 and final answers to O decimal ploces, es. 5.275. If no entry is required, select "No Entry" for the account titles and enter of or the amounts. Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries befortoredit entries

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