Save Homework: ACC250 Topic 7 Assignment - TO/OL Score: 0 of 10 pts 5 of 5 (1 complete) P14-32A (similar to) HW Score: 1.9%, 0.95 of 50 pts Question Help The following transactions of Smith Pharmacies occurred during 2018 and 2019: (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions in the Smith Pharmacies general journal. Round all answers to the nearest dollar. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Mar. 1. 2018: Borrowed $400,000 from Milton Bank. The eight-year, 5% note requires payments due annually, on March 1. Each payment consists of $50,000 principal plus one year's interest Date Accounts Debit Credit 2018 Mar 1 Choose from any list or enter any number in the input fields and then click Check Answer 21 remaining - parts Clear All Check Answer Score: 0 of 10 pts 5 of 5 (1 complete) HW Score: 1.9%, 0.95 of 50 pts P14-32A (similar to) Question Help The following transactions of Smith Pharmacies occurred during 2018 and 2019: i (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions in the Smith Pharmacies general journal. Round all answers to the nearest dollar. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Mar. 1. 2018: Borrowed $400,000 from Milton Bank. The eight-year, 5% note requires payments due annually, on March 1. Each payment consists of $50,000 principal plus one year's interest. Accounts Debit Credit 2018 Mar. 1 0 Requirements 1. Journalize the transactions in the Smith Pharmacies general journal. Round to the nearest dollar. Explanations are not required 2. Prepare the liabilities section of the balance sheet for Smith Pharmacies on March 1, 2019 after all the journal entries are recorded. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 21 remaining Clear All Check Answer Save Homework: ACC250 Topic 7 Assignment - TO/OL