Question: PLEASE SHOW WORK - THANK YOU!! PLEASE SHOW WORK - THANK YOU!! PLEASE SHOW WORK - THANK YOU!! PLEASE SHOW WORK - THANK YOU!! Journey

PLEASE SHOW WORK - THANK YOU!!

Journey Company had the following transactions involving notes payable. September 1, 2021 Borrows $240,000 from Washington State Bank by signing a 6-month, 5% note. Dec. 31, 2021 prepares the adjusting entry. March 1, 2022 Pays principal and interest to Washington State Bank. Instructions Indicate the accounts and their respective balances that are increased and/or decreased for each of the above transactions

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