On September 1, Draper Company borrowed $180,000 from Dixion County Bank on a 6-month, 8% note

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List Of Accounts CLOSE CALCULATOR PRINTER VERSION BACK NEXT Exercise 178 a-b Exercise 178 a-b Prepare the necessary journal entries for the following transactions: Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cost of Goods Sold Depreciation Expense Equipment Federal Income Taxes Payable Federal Unemployment Taxes Payable FICA Taxes Payable Health Insurance Payable Insurance Expense Interest Expense Interest Payable Inventory Lawsuit Liability Lawsuit Loss Long-term Debt Mortgage Payable Notes Payable Other Operating Expenses Owner's Capital Payroll Tax Expense Pension Expense Pension Liability Prepaid Expenses Prepaid Insurance Repair Parts Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Sales Taxes Payable Service Contracts in Process State Income Taxes Payable State Unemployment Taxes Payable Subscription Revenue Ticket Revenue U.S. Savings Bonds Payable Unearned Service Revenue Unearned Subscription Revenue Unearned Ticket Revenue Union Dues Payable United Fund Contributions Payable Vacation Benefits Expense Vacation Benefits Payable Warranty Expense Warranty Liability On September 1, Draper Company borrowed $180,000 from Dixon County Bank on a 6-month, 8% note. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT On December 31, Draper Company accrued interest (assume adjusting entries are only made at the end of the year). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Sh SHOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0 of 1 used