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On March 1, Whispering Winds Company borrows $117.000 from New National Bank by signing a 6-month, interest-bearing note. Prepare the necessary entries below associated with

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On March 1, Whispering Winds Company borrows $117.000 from New National Bank by signing a 6-month, interest-bearing note. Prepare the necessary entries below associated with the note payable on the books of whispering Winds Company Prepare the entry on March 1 when the note was goed (or tiles a m atically indeed when the amount is entered the noindent manually.) Date AOC March 1 and other interest accrual entries have been made (Credit Prepare any adjusting entries essay on June 10 in order to repine the man countries are a lloy whether in den Date Account Titles and Explanation amount sented. Do not indent ally.) s an automatically indeed Prepare the entry to record payment of the note at maturity (Credit account i Debit Date Account Titles and Explanation CALCULATOR On March 1, Whispering Winds company borrows $117,000 from New National Bank by signing a 6-month, 7%, interest bearing note. Prepare the necessary entries below associated with the note payable on the books of Whispering Winds Company. Prepare the entry on March 1 when the note was issued. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Date Account Titles and Explanation Debit Credit March 1 Prepare any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements. Assume no other interest accrual entries have been made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 30 Prepare the entry to record payment of the note at maturity. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Debit Credit Date Account Titles and Explanation Sept. 1

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