Question: Data on four promissory notes accepted by Oriole Interiors during 2021 follow. Determine the missing amounts. Note # Annual Interest Rate Time Total Interest Principal

Data on four promissory notes accepted by Oriole Interiors during 2021 follow. Determine the missing amounts. Note # Annual Interest Rate Time Total Interest Principal (a) $ 1 9% 4 months $369 2 $24,600 10% 6 months (c) $ 3 $49,200 (b) %6 5 months $1.230 4 $36,900 8% 4 months (d) $ At its December 31 year end, a business recorded accrued service revenue of $22,000 that will be invoiced and collected in the following month. Assuming the business uses reversing entries, the reversing entry will be debit Cash, credit Accounts Receivable. O debit Accounts Receivable, credit Cash. debit Service Revenue, credit Accounts Receivable. O debit Accounts Receivable, credit Service Revenue
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