On 10/19/21 Your Co. loaned X Co. $12000 on a 7.3%90 day note. Record the...
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On 10/19/21 Your Co. loaned X Co. $12000 on a 7.3%90 day note. Record the inurnal antriac at iccuanro vaor and and maturitu ccuma intaract ic naid at On 4/1/21 Your Co. loaned Y Co. $16000 on a 6%5 year note. Record the journal entries at issuance, year end, and when the annual interest payment is received. Acsume the monthly renvention is uced On 12/18/21 Your Co. loaned K Co. $18000 on a 14.6%30 day note. Record the On 11/19/21 Your Co. loaned J Co. $20000 on a 12%60 day note. Record the d) On 8/1/21 Your Co. loaned L Co. \$ 10000 on a 12\% 3 year note. Record the journal entries at issuance, year end, and when the annual interest payment is received. Assume the monthly convention is used. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ General Journal } \\ \hline Date & Account/Explanation & PR & Debit & Credit \\ \hline \multicolumn{5}{|l|}{8/1/21} \\ \hline & & & & \\ \hline & (L Co. \$ 1000012%3 year note) & & & \\ \hline \multirow[t]{3}{*}{12/31/21} & & & & \\ \hline & & & & \\ \hline & (Accrue interest) & & & \\ \hline \multirow[t]{4}{*}{8/1/22} & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & (Interest payment received) & & & \\ \hline \end{tabular}
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