Question 1 of 1 1.6/5 On November 1.2021, Richetti Inc. accepted a three-month, 11%, $58,800 note from Handley Inc. in settlement of its account Interest is due on the first day of each month, starting December 1. Both companies' year ends are December 31. (a) Your Answer Correct Answer (Used) Prepare all journal entries for Richetti over the term of the note. Assume that the note is collected in full on the maturity date. List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Nov 1, 2021 Dec. 1.2021 3 Account Titles and Explanation Notes Receivable Accounts Receivable Cash Interent income Debit SABOO 539 Credit 4 ENG Earn 2117 14/02/2023 Type here to search Nov. 1.2021 Notes Receivable Accounts Receivable Dec. 1.2021 Cash Interest Income 58,800 539 Dec. 31, 2021 Interest Receivable 539 interest income Jan 1, 2022 Cash Merest Receivable Feb 1.2022 Cash IT Notes Receivable Interest income 539 59.339 1C ENG 14/ Question 1 of 1 > 1.6/5 E I Prepare all journal entries for Handley over the term of the note. Assume that the note is paid in full on the maturity date. (List of debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Nov 1.2021 Dec. 1, 2021 Dec. 31.2021 Jan 1.2022 Type here to search T Account Titles and Explanation Debit Credit 1C ING 14/02/201 Question 1 of 1 Nov. 1, 2021 Dec. 1.2021 Dec. 31.2021 1.2022 Feb. 1.2022 < 1.675 E ENG 2119