Attempt in Progress

an effort to raise extra cash for operating activities, the owner of Whispering Winds Corporation arranged to borrow $$22,200$ from ayai Ltd$,$ a company that his wife owns. On March $1,$ Whispering Winds signed a $6$ month note payable at $2\%$ interest. This rate of terest is a fair rate of interest.

$($a$)$

Your answer is partially correct. not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Date Account Titles and Explanation

March $1$

Cash

Notes Receivable

eTextbook and Media

Attempts: $2$ of $3$ used

List of Accounts

Save for Later

$($b$)$