Question: I asked for help but the answers were wrong. I need some help on these two! Ch U9 Homework 1 Saved Help Check my work

I asked for help but the answers were wrong. I need some help on these two!

I asked for help but the answers were wrong. I need somehelp on these two! Ch U9 Homework 1 Saved Help Check my

Ch U9 Homework 1 Saved Help Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp Total through maturity interest Expense 2017 Interest Expense 2018 $ $ 9.5 points Principal Rate(%) Time Total interest $ 105,000 11% 150/360 $ 4,813 105,000 11% 60/360 1,957 X 105,000 11% 90/360 2,856 X $ $ 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations.) X Answer is not complete. Transaction General Journal Credit No 1 Debit 105,000 Cash Notes payable 105,000 Interest expense Interest payable Notes payable Interest expense 105,000 2,856 Ch U9 Homework 1 Saved Help Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp LITT - 9.5 points 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations.) Answer is not complete. General Journal Credit No 1 Transaction (a) Debit 105,000 Cash Notes payable 105,000 (b) Interest expense Interest payable Notes payable Interest expense Interest payable 105,000 2,856 % 1,957 Cash 109,813

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