Your answer is partially correct. Try again. Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.) Notes Payable 2/1 37000 x 37000 64800 30000 Interest Payable 555 x 555 1620 200 Interest Expense 555 555 1620 200 SHOW LIST OF ACCOUNTS UNK TO TEXT UNK TO TEXT Your answer is partially correct. Try again. Show the balance sheet presentation of notes and interest payable at December 31. Coronado Company Balance Sheet (Partial) December 31 31 Problem 11-02A a-d The following are selected transactions of Coronado Company. Coronado prepares financial statements quarterly. Jan. 2 Purchased merchandise on account from Nunez Company, $37,000, terms 2/10, n/30. (Coronado uses the perpetual inventory system.) Feb. 1 Issued a 9%, 2-month, $37,000 note to Nunez in payment of account. Mar. Accrued interest for 2 months on Nunez note. Apr. 1 Paid face value and interest on Nunez note. July 1 Purchased equipment from Marson Equipment paying $12,000 in cash and signing a 10%, 3-month, $64,800 note. Sept. 30 Accrued interest for 3 months on Marson note. Oct. 1 Paid f id face value and interest on Marson note. 1 Borrowed $30,000 from the Paola Bank by issuing a 3-month, 8% note with a face value of $30,000. Dec. Recognized interest expense for 1 month on Paola Bank note. 1 Dec. 31 Your answer is correct. Prepare journal entries for the listed transactions and events. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit Jan 2 Inventory 370001 Date Accounts Payable 37000 Feb. 1 Accounts Payable 37000 Notes Payable 37000 Mar 31 Interest Expense 555 Interest Payable 555 | April Notes Payable 37000 Interest Payable 555 Cash 37555 July 1 TEquipment 76800 Cash 12000 Notes Payable 64800 Sept.30 Interest Expense 1620 Interest Payable 1620 Oct. 1 Notes Payable 64800 Interest Payable 1620 Cash 66420 [Decil ~Tcash 30000 Notes Payable 30000 Dec.31 Interest Expense 200 x Your answer is incorrect. Try again. What is total interest expense for the year? Total interest Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT UNK TO TEXT