On November 1, 2019, Norwood borrows $480,000 cash from a bank by signing a five year installment note bearing note requires equal payments of $110.867 each year on October 31 interest. The Required: 1. Complete an amortization table for this installment note. 2. Prepare the journal entries in which Norwood records the following: (a) Accrued interest as of December 31, 2019 (the end of its annual reporting period). by The first annual payment on the note Complete this question by entering your answers in the tabs below. Rege 24 and 28 Complete an amortion table for this installment note (ound you be cal to the nearest delar amount.) ng Deg Debt interest De Notes 102112030 100 1021 Res 2 20> On November 2019, Norwood borows $480.000 cash from a bank by signing a five year installment note bearing not requires equal payments of each year on October 31 interest. The Required: 1. Complete an amortization table for th e note 2. Prepare the journal entries in which Norwood records the following (a) Accrued interest as of December 31, 2019 the end of its annual reporting period. by The first annuleyment on the note Complete this question by entering your wers in the tabs below Prepare yournals to record ed interests of December 31, 2019 and the first anualment e 2000 Journal entry worksheet Record the interest e d on the notes of December 11, 2015 View all At the end of the current year, the following information is available for both Pulaski Company and Scott Company Total liabilities Total equity 52,337, 822 1.515. 516, Required 1. Compute the debt-to-equity ratios for both companies 2. Which company has the risker financing structure Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the debt-to-uits for both compan Equity Ratio Company Set Company Required 2 > At the end of the current year, the following information is available for both Pulask Company and Scott Company Total assets Total Tibilities Total equity Pulask company 32.337. 822, 1.515 Scott Conpany 1.200, 516, . Required: 1. Compute the debt-to-equity ratios for both companies 2. Which company has the riskler financing structure? Complete this question by entering your answers in the tabs below. Required Which company has the risker financing structure? Required Information The following information applies to the questions displayed below ke issues $240,000 of three-year bonds dated January 1 2019, that pay interest semiannually on June 30 and December 31 They are issued at $246,087 When the market rate is 10% Required: 1. Prepare the January 1 journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $240.000 on January 1, 2019 at an issue price of $ 246.087. General Journal Debit Credit January 01 Ready Clearly We a journal
