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Siver Technologios, Inc, provides specialzed network solutions for companies in the financial services industry. During the current year, Siver completed a network project for Towl

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Siver Technologios, Inc, provides specialzed network solutions for companies in the financial services industry. During the current year, Siver completed a network project for Towl time when the current market rate of interest was 6%. Silver prepares financial statemonts at is calondar year-end only Prepare the journal entry to record the transaction and the collection at matuily Prepare the jounal entry to record the transaction. (Record debits fint, then credits. Exclude explanations from any journal entries) On Fobruary 1, Silver accepted a $5,005,000,6-month, zero-coupon nate receivable at a the when the current market rate of interest was 6%

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