Question: can you answer this question for me please ? Wildhorse Corporation issued a 5-year, $73,000, zero-interest-bearing note to Brown Company on January 1, 2020, and
can you answer this question for me please ?

Wildhorse Corporation issued a 5-year, $73,000, zero-interest-bearing note to Brown Company on January 1, 2020, and received cash of $41,422. The implicit interest rate is 12%. Prepare Wildhorse's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Cre (b)
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