Question: will give thumbs up D On December 31, 2016 Lucius Co. borrows $150,000 on a one year note at 10% Interest is payable on the



D On December 31, 2016 Lucius Co. borrows $150,000 on a one year note at 10% Interest is payable on the due date. Use the above information to answer questions 8-10. Question 8 3 pts Record the journal entry for the issuance of the note on December 1, 2016. Use the following account headings in your response: Accounts Debit Credit Edit View Insert Format Tools Table 12pt Paragraph 2 : D Question 9 3 pts Record the year end accrual of interest on December 31, 2016. Use the following account headings in your response: Accounts Debit Credit Edit View Insert Format Tools Table re 12ptParagraph U A er 7 Question 10 6 pts Record the repayment of the note on December 1, 2017. Use the following account headings in your response: Accounts Debit Credit Record Edit View Insert Format Tools Table 12pt Paragraph
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