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Seved Keesha Co borrows $170,000 cash on December 1, 2018, by signing a 150-day, 10% note with a face value of $170,000 1. On what

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Seved Keesha Co borrows $170,000 cash on December 1, 2018, by signing a 150-day, 10% note with a face value of $170,000 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in 2018 and 2019 from this note? 4. Prepare journal entries to record(a) Issuance of the note, (b) accrual of interest at the end of 2018, and (d payment of the note at maturity. (Assume no reversing entries are made.) Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg4 What is the amount of interest expense in 2018 and 2019 from this note? (Use 360 days a year. Do not round Intermediate calculations. Round final answers to the nearest whole dollar.) Total through maturity Interest Interest Expense 2018 Expense 2010 Principal Rate(%) Time Total interest Reg1 MacBook Pro S 4 2 3 0 5 6 7 8 W E R 0 T Y U S F J D G . nly c x P Microsoft Word - Monthly C X P Microsoft Word - Monthly X OP Webmail - Main Hon mheducation.com/ext/map/index.html?_con=con&external browser O&launchUrl=https%253A%252F%252Fims.mheduc Saved Reg 1 Reg 2 and 3 Reg 4 Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2018, and (c) payme maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations.) 25 View transaction list Journal entry worksheet Q Search or type URL education.com/ext/map/index.html?_con=con&external browser=0&launchurl=https%253A%252F%252Fims.mhedu Saved Reg 1 Reg 2 and 3 Reg 4 Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2018, and (c) payme maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations.) View transaction list Journal entry worksheet Record the interest accrued on the note as of December 31, 2018. Note: Enter debits before credits General Journal Debit Credit Transaction (b) Record entry Clear entry View general Journal Rond Q Search or type URL Reg 1 Req 2 and 3 Reg 4 Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2018, and maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate cald View transaction list Journal entry worksheet 2 Record payment of the note at maturity, assuming no reversing entries were made on January 1. Note: Enter debits before credits General Journal Debit Credit Transaction (c) Record entry Clear entry View general Journal Red c Q Search or type URL & 7 2 3 4 5 6 8

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