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Journal entry worksheet 1 2 3 4 5 6 On October 1, 2024, Hurricane lent $7,600 to another company. The other company signed a note indicating principal and 6% interest will be paid to Hurricane on September 30, 2025. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal

Journal entry worksheet 1 2 3 4 5 6 On October 1, 2024, Hurricane lent $7,600 to another company. The other company signed a note indicating principal and 6% interest will be paid to Hurricane on September 30, 2025. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 92PSB
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Journal entry worksheet 1 2 3 4 5 6 On October 1, 2024, Hurricane lent $7,600 to another company. The other company signed a note indicating principal and 6% interest will be paid to Hurricane on September 30, 2025. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal
Transcribed Image Text:Journal entry worksheet 1 2 3 4 5 6 On October 1, 2024, Hurricane lent $7,600 to another company. The other company signed a note indicating principal and 6% interest will be paid to Hurricane on September 30, 2025. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal
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