Question: Please answer this exercise in Excel attachment.Presentthese exercises and problems in Excel. Please calculate numbers in Excel formulas. Do not simply plug in the numbers,

Please answer this exercise in Excel attachment.Presentthese exercises and problems in Excel. Please calculate numbers in Excel formulas. Do not simply plug in the numbers, please use formulas to calculate all valuesin the spreadsheets.

Exercise 8. Loia Company's accounting year ends on December 31, 2016. On December 1Ir Lola signs a note for $12,000, 90-day, and 5% interest. Record (in General Journal) the note, the accrual of interest on December 31 and its payment on March 1 of the next year

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