Question: 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31 . 3. to record the

record the principal payment at the maturity date Journal entry worksheet Record

the receipt of a note on February 28, 2021 for a $25,000

loan to an employee. Note: Enter debits before credits. 1. When the

1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31 . 3. to record the principal payment at the maturity date Journal entry worksheet Record the receipt of a note on February 28, 2021 for a $25,000 loan to an employee. Note: Enter debits before credits. 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31 . 3. to record the principal payment at the maturity date Journal entry worksheet 5 Record the interest accrued on the note as of June 30,2021. Note: Enter debits before credits. 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the interest accrued on the note as of December 31, 2021. Note: Enter debits before credits. 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the receipt of the payment for interest for the period ending February 28,2022. Note: Enter debits before credits. 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31 . 3. to record the principal payment at the maturity date Journal entry worksheet 1 Record the receipt of the payment for the principal on the note's maturity date. Note: Enter debits before credits

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