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The following selected transactions are from Ohio Company (Do not round intermediate calculations and round your final answers to nearest whole number. Use 360 days
The following selected transactions are from Ohio Company (Do not round intermediate calculations and round your final answers to nearest whole number. Use 360 days a year).
***Questions and Info Attached***
1a. First, complete the table to calculate the interest amount at December 31
1b, Use the calculated value to prepare your journal entries for 2014 transactions.
1c. Complete the table below to calculate the interest amounts.
1d. Use the calculated values to prepare journal entries for 2015 transactions.
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