View Policies Current Attempt in Progress Henry Acrobats lent $19.835 to Donaldson, Inc, accepting Donaldson's 2-years, $24,000, zero-interest-bearing note. The implied interest rate is 10% Prepare Henry's journal entries for the initial transaction, recognition of interest each year, and the collection of $24,000 at maturity. (Round amwers to O decimal places, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit account titles are automatically indented when the amount is entered. Do not indent manually) 2 No. Account Titles and Explanation (To record the initial transations) (To record the recognition of interest in year one) (To recopsize the interest in year 2) (To record the collection of the notel Debit Credit