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PRINTER VE Exercise 11 C.S. Lewis Company had the following transactions involving notes payable. July 1, 2017 Borrows $50.000 from First National Bank by signing

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PRINTER VE Exercise 11 C.S. Lewis Company had the following transactions involving notes payable. July 1, 2017 Borrows $50.000 from First National Bank by signing a 9-month, 35 note Nov. 1, 2017 Borrows $62.500 from Lyon County State Bank by signing a 3-month, 6% note Dec 31, 2017 Prepares adjusting entries Feb 1, 2018 Pays principal and interest to Lyon County State Bank. Apr. 1. 2018 Pays principal and interest to First National Bank answers to entries for each of the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manu decimal places, e.g. 5,275. Record jumal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit (Adjusting entry for First National Banknote) Go to Settings F G H

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