Question $1$ of

$\frac{-}{23},$vdots$-=$

Current Attempt in Progress

On December $1,$ Gilman Corporation borrowed $$20,000$ on a $90-$day, $6\%$ note. Prepare the entries to record the issuance of the note, the accrual of interest at year$-$end, and the payment of the note. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries. Use $360$ days for calculation.$)$

Date

Account Titles and Explanation

Account Titles and Explanation

Debit

Credit