Proco had an account payable of $4400 due to Shmoo Inc, one of its suppliers. The amount was due to be pard on January 31 Proce did not have enough hon hand then to pay the amount due o Proco's treasurer called She's treasure and agreed to sign a note payable for the amount due. The note was dated Februaryt had an iterest rate of per annum and was payable with wterest on May 31 Required: Use the horizontal model to show the elects for addition and Proco on the following for subtraction of each of these transactions and adjustments for Febyl to show that the account payable had been changed to be payable March to accenderest expense for February and March May to record payment of the nobe and of the interest due to Sumo Prepare the journal s to show each of these transactions and ments Cote this question by entering your answers in the table od ach of these transactions and force on the the horon t o show the tects for and for w o February to show that the count payable had been changed to a new March to test for our and March May 11 to record of the word of the introdutosh Proco had an account payable of $4.400 due to Shoone one of the mount was bedo Proco did not have enough cash on hand then to pay the amount due o Procontreasurer called Shoo V sign a note payable for the amount due The note was dated February had rate of 6 pet a interest on May 31 y 21 a ndgreed to with Required: a. Use the horizontal model to show the effects Proco on the following for addition and for subtraction of ach of these transactions and stets for February to how that the accountable had been changed to a b. March it to accrue interest expense toi February and March c. May 31. to record payment of the note and of the rest due b. Prepare the journal entries to show each of these transactions and adjus Complete this question by entering your a wers in the ta the host to show the food and February 1to show that the account payat had been chang b. March 31, to accrue interest expense for rary and March May 31, to record payment of the note and all of the interest Proco had an account payable of $4,400 due to Shimoine one of its suppliers. The amount was due to be paid on January 31 Proco did not have enough cash on hand then to pay the amount due, so Proco's treasurer called Shimo's treasurer and agreed to sign a note payable for the amount due. The note was dated Februaryt had an interest rate of 6% per annum, and was payable with interest on May 31 Required: a. Use the horizontal model to show the effects Prace on the following for addition and for Subtraction of each of these transactions and adjustments for 3. February to show that the account payable had been changed to a note payable b. March 31. to accrue wterest expense for February and March c. May 31 to record payment of the note and of the interest due to Shimos b. Prepare the journal entries to show each of these transactions and adjustments Complete this story entering your answers in the tabs bedow Reg Hed the hor m oto how the effects for and for traction of each of these tram y to show that the t able had been changed to not payable March to intern e to rebruary and March C. May 11, to record payment of the note and all of the interest due to shimo Balance Sheet C ry Labs Sackholders'quity