Current Attempt in Progress On May 2, Whispering Company lends $8,800 to Chang, Inc., issuing a...

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Current Attempt in Progress On May 2, Whispering Company lends $8,800 to Chang, Inc., issuing a 6-month, 12% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts band care independent assumptions. (a) Prepare the entry to record the issuance of the note. (Credit account title automatically indented when amount is entered. Do not Indent manually. (b) Date May 2 Account Titles and Explanation eTextbook and Media List of Accounts Bave for Later Debit Credit Attempts: unlimited Submit AnaWET Prepare the entry to record the dishonor of the note, assuming that Whispering Company expects collection will occur. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Date Account Titles and Explanation Nov. 2 eTextbook and Medla List of Accounts Save for Later Debit Credit Attempts: unlimited Submit Anawer Prepare the entry to record the dishonor of the note, instead assuming that Whispering Company does not expect collection in the future. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Nov. 2 Debit Credit Current Attempt in Progress On May 2, Whispering Company lends $8,800 to Chang, Inc., issuing a 6-month, 12% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts band care independent assumptions. (a) Prepare the entry to record the issuance of the note. (Credit account title automatically indented when amount is entered. Do not Indent manually. (b) Date May 2 Account Titles and Explanation eTextbook and Media List of Accounts Bave for Later Debit Credit Attempts: unlimited Submit AnaWET Prepare the entry to record the dishonor of the note, assuming that Whispering Company expects collection will occur. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Date Account Titles and Explanation Nov. 2 eTextbook and Medla List of Accounts Save for Later Debit Credit Attempts: unlimited Submit Anawer Prepare the entry to record the dishonor of the note, instead assuming that Whispering Company does not expect collection in the future. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Nov. 2 Debit Credit