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Question 51 10 pts A business issued a 120-day, 6% note for $10,000 to a creditor on account. The company uses a 360-day vear for interest calculations. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at matturity, including interest Description Debit Credit (a) (b) HTMLEdton BIYA A. IE EI I x x E E - Paragraph 9 pts Question 52 The Dickinson Company reported net income of S155,000 for the current year Depreciation recorded on buildings and equipment amounted to S65,000 for the year In addition, a building with an original cost of $250.000 and accumulated depreciation of $190.000 on the date of the sale, was sold for $75.000. Balances of the current asset and current liabulity accounts at the beainnine and end of the year are as follows End of Year Berinning of Year $20,000 $15,000 Cash Accounts receivable 19.000 32,000 50,000 65,000 Inventories 12.000 18,000 Accounts payable Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method HTMLEdtonds B IYA A. IE I 3 3 I x x, EE VO1 12pt Paragraph Owords