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On June 1. Oriole Company borrows $127,500...

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Accounting

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On June 1. Oriole Company borrows $127,500 from First Bank on a 6 -month, $127,500,8% note. Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manvolly. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Prepare the adflusting entry on June 30. (Credit account titles are outomatically indented when amount is enteced. Da not indent manually. If no entry is required, select 'No Entry' for the account titles and enter 0 far the amounts.) Prepare the entry at maturity (December 1). assuming monthly adjusting entries have been made through November 30 . ICredit account titles are autarmatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts.) What was the total financing cost (interest expensel? Total financing cost 5 Usinis multiple atternpts will impact your score 20% score reduction after attempt 1

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