Question: can someone help solve this step by step QS 9.5 (Algo) Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $180,000 cash by



QS 9.5 (Algo) Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $180,000 cash by signing a 90 day, 5%,$180,000 note payable. 1. Compute the accrued interest payable on December 31. 2. \& 3. Prepare the journal entries to record the accrued interest expense at December 31 and payment of the note at maturiy on February 5 Complete this question by entering your answers in the tabs below. Compute the accrued interest payable on December 31. (Use 360 days a year. Do not round your intermediate caiculabient.) On November 7, Mura Company borrows $180,000 cash by signing a 90d0y. 5\%, $180,000 note poyable. 1. Compute the accnued interest payable on December 31. 2. 8. 3. Prepare the joumal enties to record the accrued interest expense of December 31 and payment of the note at maturity on februaty 5 Compiete this question by entering your answers in the tabs below. Prepare the joumat entries to recond the accrued interest expense at Dechmber 31 and payment of the note at maturity an February 5 . Puse 360 days a year. Do not round your intermediate calculations.) Journal entry worksheet Journal entry worksheet Record the accrued interest expense. Nates Enter dehits before credits. Journal entry worksheet Record the payment of note at maturity on February 5 . Fotel futer debits before crodits
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