Question: Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.) What






Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.) What is total interest expense for the year? Total interest List of Accounts Attempts: 0 of 5 used 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.) These are selected transactions of Lily Company, Lily prepares financial statements quarterly. Interest Expense 2/1 3/31 4/1 7/1 nd Media 9/30 10/1 ints 12/1 12/31 Attempts: 0 of 5 used Submit Answer 12/31 Bal. (c) Jan. 2 Feb. 1 Mar. 31 Apr. 1 July 1 Sept. 30 Oct. 1 Dec. 1 dfc. 31 Show the balance sheet presentation of notes and interest payable at December 31
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