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interest in the amount of $25,000 was reclassified to Construction Work in Progreas. ( This was preciously paid in item 8) What do I need to do for this entry?

arks G Google Hungry Howie's Piz... M MapQuest Maps - Mediated Services... ADP RUN chegg Study Textbook Solutions Expert Q&A Practice E Chapter 6, Problem 6QE 0 5 Bookmarks Show all steps: ON 5. $14,000 of old accounts receivable were written off 6. Accounts receivable collections totaled $1,462,000 from nongovernmental customers and $48,400 from the General Fund. 7. $1,035,000 of accounts payable were paid in cash 8. One year's interest in the amount of $175,000 was paid. 9. Construction was completed on plant assets costing $250,000; that amount was transferred to Utility Plant in Service 10. Depreciation was recorded in the amount of $260,000. 11. Interest in the amount of $25,000 was reclassified to Construction Work in Progress. (This was previously paid in item 8.) 12. The Allowance for Uncollectible Accounts was increased by $9,900. 13. As required by the loan agreement, cash in the amount of $100,000 was transferred to Restricted Assets for eventual redemption of the bonds 14. Accrued expenses, all related to costs of sales and services, amounted to 589,000 15. Nominal accounts for the year were closed Required a Record the transactions for the year in general journal form ere to search o e Bias

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