September 1, 2021, Allied Moving Corp. borrows $100,000 cash from First National Bank. Allied signs...
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September 1, 2021, Allied Moving Corp. borrows $100,000 cash from First National Bank. Allied signs a six-month, 5% note payable. Interest is payable at maturity. Allied's year-end is December 31 . 1., 2. \& 3. Record the following transactions for the note payable by Allied Moving Corp. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to nearest dollar amount.) Journal entry worksheet
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