Question: number one has 2 journal entrys & has a part 2 which is photo number 3 5 Required information The following information applies to the


5 Required information The following information applies to the questions displayed below) Midshipmen Company borrows $3.000 from Falcon Company out 2018. Momen repast amount borrowed and pays interest of 12(7./month on June 30, 2019 of 1. & 2. Record the necessary entries in the Journal Entry Worksheet for Falcon Company below.orno entry is required for a particul transaction/event, select "No journal entry required in the first account feld) View transaction et Journal entry worksheet 1 2 > 1 Record the landing for Falcon on July 1, 2016 tes Note: Enter den before credits Debit Cred General Journa Da July 01, 2010 Journal entry worksheet 6 or 2 Required information The following information applies to the questions displayed below) Midshipmen Company borrows $13,000 from Faicon Company on July 2018. Midshipmen repays the amount borrowed and pays Interest of 12%(%/month) on June 30, 2019 3. Calculate the 2018 year end adjusted balances of interest Receivable and interest Revenue for Falcon Company assuming the balance of interest Receivable at the beginning of the year is 50) Ending Balance Interest roonivable Interest revenue
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