Complete the table to calculate the interest amounts and use those calculated values to enter journal entries. (Do not round intermediate calculations. Use 360 days a year.)
M Lee Note
Tomas Co Note
H Cheng Note
General Journal
table entry to calculate the interest amounts.
Total Through Maturity Amount Accrued at December 31Interest Recognized January 27Principal
Rate (%)
Time
Total interest
M Lee Note
Tomas Co Note
H Cheng Note
General Journal
table entry below to calculate the interest amounts.
Total Through
MaturityPrincipal
Rate (%)
Time
Total interest
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