Question: Question 17 (12 points) Reznik Inc provided a significant amount of legal services to Spaces Inc during March of 2020. At the end of

Question 17 (12 points) Reznik Inc provided a significant amount of legal services to Spaces Inc during March of 2020. At the end of the month, Berg charged Guo $400,000 for services. The terms of the payment was a non-interest bearing note that was due on March 31st, 2023. A normal rate of interest for Guo is 6%. Berg Inc follows ASPE, and uses the straight-line method to amortize discounts on notes receivables, and has a December 31st, year end Prepare the journal entries required from March 31st, 2020 - December 31st, 2023

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