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On November 1, 2021, Beca Inc accepted a three-month, 11%,$68,400 note from Richetti Inc in settlement of its account. Interest is due on the first

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On November 1, 2021, Beca Inc accepted a three-month, 11%,$68,400 note from Richetti Inc in settlement of its account. Interest is due on the first day of each month, starting December 1. Both companies' year ends are December 31. (a) Prepare all journal entries for Beca over the term of the note. Assume that the note is collected infull on the maturity date (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indont manually. If no entry is required, select "No Entry for the account tirfes and enter for the amounts) Account Titles and Explanation Debit Date cre "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Cre

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