Suscriptions Date of note Principal A Interest Rate Number of Days December 31, 2011 Note: 1 November 25, 2013 122.000 Note 2 December 16, 2011 16.000 December 1, 2013 Note a December 11, 2012 15,600 120 Note 4 December 07, 2012 18.000 ESSE Required Prepare the adjusting entries for interest at December 31, 2011 b. Assume that the adjusting entries were made at December 31, 2011, and that no adjusting entries were made during 2012. Prepare the 2012 journal entries to record payment of the notes that were outstanding at December 31, 2011 Prepare the adjusting entries for interest at December 31, 2012 Round answers to nearest dollar. Use 360 days for interest cislculations when applicable Gemeljena Date Description De Credit Den De 1 Toot da se Decal . 5 To record interest on note 1. Dec 31 To accur interest on note 2 b. Feb 14 Notes Payable interest Expense To record intor Note 2 Feb 23 Naturs Payable . stresten To record payment of Nocet Dec . To contenuto Dec To recoton Previous Save Answers