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Please help all parts Question 4 of 6 0.68/1 Current Attempt in Progress On June 1, Pharoah Company Ltd, borrows $62.400 from Acme Bank on
Please help all parts
Question 4 of 6 0.68/1 Current Attempt in Progress On June 1, Pharoah Company Ltd, borrows $62.400 from Acme Bank on a 6-month, $62,400, 10% note. The note matures on December 1 X Your answer is incorrect Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not Indent manually) Date Account Titles and Explanation Debit Credit June 1 Your answer is partially correct Prepare the adjusting entry on June 30. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Date Account Tities and Explanation Debit Credit June 30 Interest Expense 520 Interest Payable e Textbook and Media List of Accounts Your answer is partially correct. Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through Novermber 30. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Date Account Titles and Explanation Debit Credit Dec 1 Notes Puyable 62400 Interest Payable 3120 Cash e Textbook and Media Step by Step Solution
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