Question: WP Assessment Player Ul App X Homework Help for Payroll Accox /v2/assessment-player/index.html?launchid8b37ec76-03e9-4339-361-3af6a53d5da#/question/4 - / 1 Question 5 of 6 > View Policies Current Attempt in
WP Assessment Player Ul App X Homework Help for Payroll Accox /v2/assessment-player/index.html?launchid8b37ec76-03e9-4339-361-3af6a53d5da#/question/4 - / 1 Question 5 of 6 > View Policies Current Attempt in Progress During 2021. Aubergine Co borrowed cash from Chartreuse Company by issuing notes payable as follows: June 1, 2021, issued an eight-month, 6% note for $85,000, Interest and principal are payable at maturity October 1, 2021, issued a three-month, 5% note for $ 60.000. Interest is payable monthly on the first day of the month Principalis payable at maturity, 1 2 Aubergine Co. has a November 30 fiscal year end and prepares adjusting entries on an arrical basis. Prepare all necessary journal entries for Aubergine Co. to record the notes (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the nearest whole dollar, es 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem) Date Account Titles and explanation Debit Credit June 1/21 85000 Notes Payable 350 Dec 1/21 60000 o M 2 H 297 150 - FE kan S > % 5 6 8 WP Assessment Player Ul App X Homework Help for Payroll Accox /v2/assessment-player/index.html?launchid8b37ec76-03e9-4339-361-3af6a53d5da#/question/4 - / 1 Question 5 of 6 > View Policies Current Attempt in Progress During 2021. Aubergine Co borrowed cash from Chartreuse Company by issuing notes payable as follows: June 1, 2021, issued an eight-month, 6% note for $85,000, Interest and principal are payable at maturity October 1, 2021, issued a three-month, 5% note for $ 60.000. Interest is payable monthly on the first day of the month Principalis payable at maturity, 1 2 Aubergine Co. has a November 30 fiscal year end and prepares adjusting entries on an arrical basis. Prepare all necessary journal entries for Aubergine Co. to record the notes (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the nearest whole dollar, es 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem) Date Account Titles and explanation Debit Credit June 1/21 85000 Notes Payable 350 Dec 1/21 60000 o M 2 H 297 150 - FE kan S > % 5 6 8
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