Question: can I get some help on this please On March 17 of Year 3. Single Corporation purchased a delivery van from Couple Corporation by issuing

can I get some help on this please

On March 17 of Year 3. Single Corporation purchased a delivery van from Couple Corporation by issuing a 2-year, S80,000, non-interest-bearing note The Aal balance is due in 2 years. Single Corporation would normally borrow at a rate of 7%. Required Complete the following wat the detalis provided above. A. Provide the journal entry to purchase the vehicle. (6 marks) B. Provide the journal entry to record interest expense on December 31 of Yeor 3, the company's year ond. Round to the nearest dcilar, (4 marka)

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