urrent Attempt in Progress

On December $31,2025,$ Coronado Co$,$ performed environmental consulting services for Hayduke Co$.$ Hayduke was short of cash, and Coronado Co$.$ agreed to accept a $$252,100$ zero$-$interest$-$bearing note due December $31,2027,$ as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of $10\%.$ Coronado is much more creditworthy and has various lines of credit at $6\%.$

$($a$)$

$$ Your answer is corr$$ct$.$

Prepare the journal entry to record the transaction of December $31,2025,$ for the Coronado Co$.($Round present value factor calculations to $5$ decimal places, eg$.1\mathrm{.}25124$ and final answers to $0$ decimal places, eg$.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Dec. $31,$

$2025$

Discount on Notes Receivable

Debit

$252,100$

eTextbook and Media

List of Accounts

List of Accounts

$($b$)$

Your answer is partially correct.

Assuming Coronado Co's fiscal year$-$end is December $31,$ prepare the journal entry for December $31,2026.($Round answers to $0$ decimal places, e$8.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount Is entered. Do not indent manually, List debit entry before credit entry.$)$

Date

Account Titles and Explanation

Debit

Credit

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit,Credit$],[\backslash$table$[[$Dec$.31,],[2025]],[,252,100,],[$Discount on Notes Receivable,,$43,753],[,,208,347],[$eTextbc$,$rand Media,,$]]$

Your answer is partially correct.

$\backslash$table$[[$Date Account Titles and Explanation$],[\backslash$table$[[$Dec$.31,,$Debit$],[2026,$Discount on Notes Receivable$]]],[$eTextbook and Media$]]$