Question: I got wrong ones for the General Journal part. Could you help me what to choose them? Thanks! Return to question 13 Midshipmen Company borrows

I got wrong ones for the General Journal part. Could you help me what to choose them? Thanks!

I got wrong ones for the General Journal part. Could you help

Return to question 13 Midshipmen Company borrows $15,000 from Falcon Company on July 1, 2021. Midshipmen repays the amount borrowed and pays interest of 12% (1%/month) on June 30, 2022. 0.9 points Required: 8 03:10:50 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the 2021 year-end adjusted balances of Interest Receivable and Interest Revenue (assuming the balance of Interest Receivable at the beginning of the year is $0). Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event select "No Journal Entry Required" in the first account field.) No General Journal Credit Date July 01, 2021 Debit 15,000 1 x Cash Notes Payable X 15,000 2 December 31, 202 Interest Expense 900 Interest Payable 900

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