Suppose Tenth Harvest Bank engaged in the following transactions: (Click the icon to view the transactions.) Journalize the 2016 and 2017 transactions on Tenth Harvest's books. Explanations are not needed. Use a 360-day year to compute interest. Tenth Harvest's accounting period ends on December 31. (Record debits first, then credits. Exclude explanations from journal entries. Use a 360-day year to compute interest on notes stated in days. For notes stated in months, use the number of months when calculating interest.) to Begin with the transactions for 2016 si Apr. 1: Loaned $12,000 to Tedious, Co. Received a two-month, 10% note

Suppose Tenth Harvest Bank engaged in the following transactions (Click the icon to view the transactions) Journalize the 2016 and 2017 transactions on Tonth Harvest's books. Explanations are not needed. Use a 360-day year to compute interest. Tenth Harvest's accounting period ends on December 31. (Record debits first, then credits. Exclude explanations from journal entries. Use a 360-day year to compute interest on notes stated in days. For notes stated in months, use the number of months when calculating interest.) Begin with the transactions for 2016 si Apr 1 Loaned $12,000 to Tedious. Co Received a two-month, 10% note Date Accounts and Explanation Debit Credit 2016 mil Apr 1 m .ml More info 2016 Apr. 1 Loaned $12,000 to Tedious, Co. Received a two-month, 10% note. Jun. 1 Collected the Tedious note at maturity Dec 1 Loaned $16,000 to Ursula Company on a 60-day, 6% note. 31 Accrued interest revenue on the Ursula note. 2017 Jan. 30 Collected the Ursula note at maturity Print Done