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The following selected transactions occurred during 2 0 2 5 and 2 0 2 6 for Siberian Importers. The company ends its accounting year on

The following selected transactions occurred during 2025 and 2026 for Siberian Importers. The company ends its accounting year on June 30.
View the transactions.
Journalize all required entries. Make sure to determine the missing maturity date. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
Apr. 1: Loaned $17,000 cash to Branson, Inc. on a one-year, 12% note.
Jun. 6: Sold goods to Dyno Interiors, receiving a 90-day, 6% note for $16,000. Ignore Cost of Goods Sold.
Jun. 30: Made a single entry to accrue interest revenue on both notes. (Use months for the one-year note interest computation and a 365-day year for the 90 day note interest computation. Round to the nearest cent.)
Collected the maturity value of the Dyno Interiors note. Make sure to determine the missing maturity date. (Prepare a single compound journal entry. Use a 365-day year for this interest computation. Round to the nearest cent.)The following selected transactions occurred during 2025 and 2026 for Siberian Importers. The company ends its accounting year on June 30.
View the transactions.
Journalize all required entries. Make sure to determine the missing maturity date. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
Apr. 1: Loaned $17,000 cash to Branson, Inc. on a one-year, 12% note.
Jun. 6: Sold goods to Dyno Interiors, receiving a 90-day, 6% note for $16,000. Ignore Cost of Goods Sold.
Jun. 30: Made a single entry to accrue interest revenue on both notes. (Use months for the one-year note interest computation and a 365-day year for the 90 day note interest computation. Round to the nearest cent.)
Collected the maturity value of the Dyno Interiors note. Make sure to determine the missing maturity date. (Prepare a single compound journal entry. Use a 365-day year for this interest computation. Round to the nearest cent.)
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