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solve for me, please. these are the options in the drop-down menu No journal entry required Accounts payable Cash Income taxes payable Interest expense Interest

image text in transcribedimage text in transcribed

solve for me, please.

these are the options in the drop-down menu

  • No journal entry required
  • Accounts payable
  • Cash
  • Income taxes payable
  • Interest expense
  • Interest payable
  • Interest revenue
  • Liability for withholding taxes
  • Note payable
  • Payroll tax expense
  • Property taxes payable
  • Purchases
  • Rent revenue
  • Savings account
  • Service revenue
  • Unearned revenue
  • Wage expense
  • Wages payable
  • Warranty expense
  • Warranty payable
M9-4 (Algo) Recording a Note Payable LO9-3 Wygant Corporation borrowed $210,000 on October 1 last year. The note carried a 11% interest rate with the principal and interest payable on May 1 this year. Prepare the journal entry to record the following transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 > Record the note on October 1. Note: Enter debits before credits. Date General Journal Debit Credit October 01 Record entry Clear entry View general journal M9-4 (Algo) Recording a Note Payable LO9-3 Wygant Corporation borrowed $210,000 on October 1 last year. The note carried a 11% interest rate with the principal and interest payable on May 1 this year. Prepare the journal entry to record the following transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the accrued interest on December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal

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