Question: please provide a full answer for a,b,c,d thank you Current Attempt in Progress On June 1, Waterway Company borrows $139,500 from First Bank on a


Current Attempt in Progress On June 1, Waterway Company borrows $139,500 from First Bank on a 6-month, $139,500, 8% note. (a) Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 List of Accounts Save for Later (b) Attempts: 0 of 1 used Submit Answer (b) Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30 List of Accounts: Save for Later Attempts: 0 of 1 used Submit Answer (c) Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (c) Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 1 List of Accounts Save for Later (d) What was the total financing cost (interest expense)? Total financing cost $ Attempts: 0 of 1 used Submit
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