PG Campus X Christopher Williams - AC1 X WP NWP Assessment Builder U X WP NWP Assessment Player U! X Course Hero x $ GroupMe X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2866314f-7231-4a54-919a-ac78dc9fb5b6#/question/9 PG Campus C https://www.cheg... . G Sir W. Arthur Lewi... FREE Digital Down... My Best Buy@ Cre... T. T-Mobile MM255 Unit 8 Se... C Writing Center Tut. TikTok de noeherd... > > AC116 Unit 4 Lab Assignment Question 10 of 12 > 2/43 ... View Policies Show Attempt History Current Attempt in Progress These are selected transactions of Oriole Company. Oriole prepares financial statements quarterly. Jan. 2 Purchased merchandise on account from Nunez Company, $30,000, terms 3/10, n/30. (Oriole uses the perpetual inventory system.) Feb. 1 Issued a 9%, 2-month, $30,000 note to Nunez in payment of account. Mar. 31 Accrued interest for 2 months on Nunez note. Apr. 1 Paid face value and interest on Nunez note. July 1 Purchased equipment from Marson Equipment paying $11,500 in cash and signing a 10%, 3-month, $54,000 note. Sept. 30 Accrued interest for 3 months on Marson note. Oct. 1 Paid face value and interest on Marson note. Dec. 1 Borrowed $19,200 from the Paola Bank by issuing a 3-month, 8% note with a face value of $19,200. Dec. 31 Recognized interest expense for 1 month on Paola Bank note. (a)PG Campus X Christopher Williams - AC1 X WP NWP Assessment Builder U X WP NWP Assessment Player U! X Course Hero x $ GroupMe X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2866314f-7231-4a54-919a-ac78dc9fb5b6#/question/9 PG Campus C https://www.cheg... . G Sir W. Arthur Lewi... FREE Digital Down... My Best Buy@ Cre... T. T-Mobile MM255 Unit 8 Se... C Writing Center Tut... TikTok de noeherd... > > AC116 Unit 4 Lab Assignment Question 10 of 12 2/43 ... Your answer is correct. Prepare journal entries for the listed transactions and events. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 2 Inventory 30,000 Accounts Payable 30,000 Feb. 1 Accounts Payable 30,000 Notes Payable 30,000 Mar. 31 Interest Expense 450 Interest Payable 450 Apr. 1 Notes Payable 30,000 Interest Payable 450 Cash 30,450PG Campus X Christopher Williams - AC1 X WP NWP Assessment Builder U X WP NWP Assessment Player U! X Course Hero x $ GroupMe X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2866314f-7231-4a54-919a-ac78dc9fb5b6#/question/9 PG Campus C https://www.cheg... . G Sir W. Arthur Lewi. FREE Digital Down... My Best Buy@ Cre... T. T-Mobile MM255 Unit 8 Se... C Writing Center Tut... TikTok de noeherd... > > AC116 Unit 4 Lab Assignment Question 10 of 12 > 2/43 ... July 1 Equipment 65,500 cash 11,500 Notes Payable 54,000 Sept. 30 Interest Expense 1,350 Interest Payable 1,350 Oct. 1 Notes Payable 54,000 Interest Payable 1,350 Cash 55,350 Dec. 1 Cash 19,200 Notes Payable 19,200 Dec. 31 Interest Expense 128 Interest Payable 128PG Campus X Christopher Williams - AC1 X WP NWP Assessment Builder U X WP NWP Assessment Player U! X Course Hero x $ GroupMe X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2866314f-7231-4a54-919a-ac78dc9fb5b6#/question/9 PG Campus C https://www.cheg... . G Sir W. Arthur Lewi. FREE Digital Down... My Best Buy@ Cre... T. T-Mobile MM255 Unit 8 Se... C Writing Center Tut... TikTok de noeherd... > > AC116 Unit 4 Lab Assignment Question 10 of 12 > 2/43 ... e Textbook and Media List of Accounts Attempts: 2 of 5 used (b) Your answer is correct. Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.) Notes Payable 4/1 30,000 2/1 30,000 10/1 54,000 7/1 54,000 12/1 19,200 12/31 Bal. 19,200PG Campus X Christopher Williams - AC1 X WP NWP Assessment Builder U X WP NWP Assessment Player U! X Course Hero x $ GroupMe X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2866314f-7231-4a54-919a-ac78dc9fb5b6#/question/9 PG Campus C https://www.cheg... . G Sir W. Arthur Lewi. FREE Digital Down... My Best Buy@ Cre... T. T-Mobile MM255 Unit 8 Se... C Writing Center Tut... TikTok de noeherd... > > AC116 Unit 4 Lab Assignment Question 10 of 12 > 2/43 ... e Textbook and Media List of Accounts Attempts: 2 of 5 used (b) Your answer is correct. Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.) Notes Payable 4/1 30,000 2/1 30,000 10/1 54,000 7/1 54,000 12/1 19,200 12/31 Bal. 19,200PG Campus X Christopher Williams - AC1 X WP NWP Assessment Builder U X WP NWP Assessment Player U! X Course Hero x $ GroupMe X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2866314f-7231-4a54-919a-ac78dc9fb5b6#/question/9 PG Campus C https://www.cheg... . G Sir W. Arthur Lewi. FREE Digital Down.. My Best Buy@ Cre... T. T-Mobile MM255 Unit 8 Se... C Writing Center Tut... TikTok de noeherd... > > AC116 Unit 4 Lab Assignment Question 10 of 12 > AC116 Unit 4 Lab Assignment Question 10 of 12 2/43 ... ( C ) Show the balance sheet presentation of notes and interest payable at December 31. Oriole Company Balance Sheet (Partial) For the Year Ended December 31 tA to e Textbook and Media Assistance Used e Textbook 1 e Textbook 2 List of Accounts