Question: Moving to another question will save this response. Question 9 A On 1 Dec 2020, ABC Trading Co, borrowed $300,000 for 90 days at 5%

Moving to another question will save this response. Question 9 A On 1 Dec 2020, ABC Trading Co, borrowed $300,000 for 90 days at 5% by signing a note payable on the same amount Required: (1) Record the adjusting journal entry on 31 Dec. 2020. (2) Record the journal entry for the payment of the note at its maturity date B. Ahmed's Co offers warrant of two years on parts of machines. In 2020 the company sold machines for $240,000, In the light of its past experience, Ahmed repair the machine Required: (1) Prepare the journal entry to record ONLY the warranty liability in 2020 (2) How much is the amount of warranty liability on December 31, 2020 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BTU $ Paragraph Arial 10pt I. Spots of its past experience, Ahmed's Co estimated the needed warranty expense quals to Bof its doll sales During 2030, the company wed 510,500 diesen X X1 The - SA v I % 0 a 63 WORDS POWER
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