Question: Trista and Co, borrowed $210 , 000 on December 1, 2020. for 90 days at 4% interest by signing a note to buy jewellery inventory.

 Trista and Co, borrowed $210 , 000 on December 1, 2020.for 90 days at 4% interest by signing a note to buyjewellery inventory. 1. On what date will this note mature? 2. Howmuch interest expense is created by this note in 2020 ? (Use365 doys a year. Do not round intermediate calculations and round the

finol onswer to 2 decimal ploces.) 3. How much interest expense is
created by this note in 2021 ? (Use 365 doys a year.
Do not round intermediote calculations and round the final onswer to 2
decimal places.) 4. Prepare the journal entries on December 1, December 31
(trista and Co.'s year-end), and the maturity date. (Use 365 days an

Trista and Co, borrowed $210 , 000 on December 1, 2020. for 90 days at 4% interest by signing a note to buy jewellery inventory. 1. On what date will this note mature? 2. How much interest expense is created by this note in 2020 ? (Use 365 doys a year. Do not round intermediate calculations and round the finol onswer to 2 decimal ploces.) 3. How much interest expense is created by this note in 2021 ? (Use 365 doys a year. Do not round intermediote calculations and round the final onswer to 2 decimal places.) 4. Prepare the journal entries on December 1, December 31 (trista and Co.'s year-end), and the maturity date. (Use 365 days an year. Do not round intermediate colculations and round the final answer to 2 decimal places.) Journal entry worksheet Record the signing of a 5210,000 note payable for 90 days at 4% interest. 4. Prepare the journal entries on December 1, December 31 (Trista and Co's year-end), and the maturity date. (Use 365 doys an year. Do not round intermediate calculations and round the final answer to 2 decimal places.) Journal entry worksheet Record the signing of a $210 , 000 note payable for 90 days at 4% interest, Note: Enter debits before credits. Do not round intermediate colculations and 1. December 31 (Trista and Co.'s year-end), and the maturity date. (Use 365 doys an year, Do not round intermediate colculations and round the final answer to 2 decimal places.). Journal entry worksheet Record the accrued interest at year-end. Note: Enter debits before credits. 4. Prepare the journal entries on December 1, December 31 (Trista and Co.'s year-end), and the maturity date, (U5e 365 doys an year. Do not round intermediate calculations and round the final answer to 2 decimal places.) Journal entry worksheet Record the payment of note plus interest. Note: Lnter debits before credits

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