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To attract retailers to its shopping center, the Marketplace Mall will lend money to tenants under formal contracts provided that they use it to renovate

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To attract retailers to its shopping center, the Marketplace Mall will lend money to tenants under formal contracts provided that they use it to renovate their store space On November 1, 2020, the company loaned $100,000 to new tenants on one year notes with stated annual interest rates of 9 percent. Interest is to be received by Marketplace Mall on April 30 2021 and at maturity on October 31, 2021 Required: Prepare journal entries that Marketplace Mall would record related to these botes on the following dates (9) November 1, 2020, (b) December 31, 2020 (Marketplace Mall's fiscal year end), (April 30, 2021 and (d) October 31, 2021 (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction in Journal entry worksheet 4 5 Record the receipt of the payment for the full principal, To attract retailers to its shopping center, the Marketplace Mall will lend money to tenants under formal contracts, provided that they use it to renovate their store space On November 1, 2020, the company loaned $100,000 to new tenants on one-year notes with stated annual interest rates of 9 percent. Interest is to be received by Marketplace Mall on April 30, 2021 and at maturity on October 31, 2021 Required: Prepare journal entries that Marketplace Mall would record related to these notes on the following dates. () November 1, 2020, (b) December 31, 2020 (Marketplace Malls fiscal year-end), (c) April 30, 2021; and (d) October 31, 2021 (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

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