Question: counting for a note payable $11-4 Accoun December 31, 2017 2017, Franklin purchased $13.500 of merchandise vable. Franklin uses a perpetual inventory system. ear, 9%

counting for a note payable $11-4 Accoun December 31, 2017 2017, Franklin purchased $13.500 of merchandise vable. Franklin uses a perpetual inventory system. ear, 9% note payable. Franklin one-year, 90 Light the company's purchase of merchandise inventory on December 31, 2017 the company's accrual of interest expense on June 30, 2018, its fiscal Requirements 1. Journalize the 2. Journalize the year-end. 3. Journalize the e the company's payment of the note plus interest on December 31,2018 vining current portion of long-term note payable $11-5 Determining 1 Irrin Como

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