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Problem 11-02A a-d The following are selected transactions of Bramble Company. Bramble prepares financial statements quarterly Jan. 2 Purchased merchandise on account from Nunez Company,

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Problem 11-02A a-d The following are selected transactions of Bramble Company. Bramble prepares financial statements quarterly Jan. 2 Purchased merchandise on account from Nunez Company, $39,000, terms 2/10, n/30. (Bramble uses the perpetual inventory system.) Feb. 1 Issued a 9%, 2-month, $39,000 note to Nunez in payment of account. Mar. 31 Accrued interest for 2 months on Nunez note. Apr. 1 Paid face value and interest on Nunez note. July 1 Purchased equipment from Marson Equipment paying $11,000 in cash and signing a 10%, 3-month, $51,600 note. Sept. 30 Accrued interest for 3 months on Marson note. Oct. Paid face value and interest on Marson note. Dec. 1 Borrowed $34,800 from the Paola Bank by issuing a 3-month, 8% note with a face value of $34,800. Dec. 31 Recognized interest expense for 1 month on Paola Bank note. 1 Prepare journal entries for the listed transactions and events. (Credit account titles are automatically indented when amount is entered, Do not undent manually. Recom Account Titles and Explanation Date Debut Credit > Prepare journal entries for the listed transactions and events. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journaler Date Account Titles and Explanation Debit Credit edy SHOW LIST OF ACCOUNTS LINE TO TEKT LIRE TO TEXT LINK TO TEXT LINK TO TEXT Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.) Notes Payable Interest Payable dy Interest Expense > SHOW UIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Show the balance sheet presentation of notes and interest payable at December 31. Bramble Company Balance Sheet (Partial) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Show the balance sheet presentation of notes and interest payable at December 31. Bramble Company Balance Sheet (Partial) $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT What is total interest expense for the year? Total interest Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT

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