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please correct my work and fill in what im missing. edit: added photo 2nd edit: ney Enterprises and 30.000 Sma Company one to one year
please correct my work and fill in what im missing.
edit: added photo
2nd edit:
ney Enterprises and 30.000 Sma Company one to one year com Required a. Record the genera una estorbyeres ( The anto Small Compas (2) The adjusting entry December Yeart The acting my collection of neon June 1. Year 2 D. Show the effects of the entrando a non tenets mode Complete this by entering your answers in the tabs below the the effects of the three gran hormonal statement del terme Chew song for fun and date the elemented by the traveled when ar to the whole Lot C En 55-1 STS AY u 2 GIN 15 . 15 10 27.000 pom 11 30.000 300 OM Red 1 mec Det the theo wwwwwww . che met The whole 10000 at > OM TO E ON OM Rainey Enterprises loaned $30,000 to Small Company on June 1. Year 1, for one year at 9 percent interest Required a. Record these general journal entries for Rainey Enterprises (1) The loan to Small Company (2) The adjusting entry at December 31, Year 1. (3) The adjusting entry and collection of the note on June 1, Year 2 b. Show the effects of the three given transactions in a horizontal statements model Complete this question by entering your answers in the tabs below. Required A Required B Record these general Journal entries for Rainey Enterprises: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest whole dollar.) (1) The loan to Small Company (2) The adjusting entry at December 31, Year 1. (3) The adjusting entry and collection of the note on June 1, Year 2. Complete this question by entering your answers in the tabs below. Required A Required Record these general Journal entries for Rainey Enterprises (no entry is required for a transaction/event, select " journal entry required in the first account field. Round your final answers to the nearest whole dollar) (1) The loan to Small Company (2) The adjusting entry at December 31, Year 1 (3) The adjusting entry and collection of the note on June 1, Year 2 View transaction ist View journal entry worksheet No General Journal Date 6/1/Year 1 Credit 1 Notes receivable Cash Debat 30,000 30.000 2 12/31/Year 1 1575 Interest receivable Interest revenue 1.575 IN 3 6/1/Year 2 1,125 Interest receivable Interest revenue 1.125 6/1/Year 2 23,700 Cash Notes receivable 32.700 Complete this question by entering your answers in the tabs below. Required A Required B Show the effects of the three given transactions in a horizontal statements model is the Statement of Cashows columna deseti activity. FA for financing activity, and leave blank to indicate the element is not affected by the event. Enter any decreases to account balance and cash flow with and your ful answers to the nearest whole dollar) Balance Sheet Income Statement Event Assets Liabilities Ne Stockholm Equity Retained Lamnings Cash Revue Interest Receivable Expenses come (30.000) Notes Receivable 30 000 + (30.000) (30.000 61/11 12/31/1 612 6/1/72 1.575 15751 - 1.125 1,5751 1.125 1575 1.125 327 000 + 1,125 30 000 27.000 + OA Step by Step Solution
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