The following is a partial unadjusted Trail Balance. Accounts Cash Debit Credit $10,500 Interest Expense 300 Accounts Payable Interest Payable $15,000 0 Loans Payable 20,000 Bravo signed a $20,000 loan bearing a 6% interest rate for 3 years. Interest is payable on a quarterly basis with the principal due at the end of 3 years. Use this General journal entry (without explanation) for the required information to prepare the end-of-the-month adjustment.

Calculate

Journalize the following entries on the books of the borrower and creditor. (Assume a 360-day year is used for interest calculations.) Jun. 1 Regis Co. purchased merchandise on account from Winthrop Co., $60,000, terms n/30. Jun. 30 Regis Co. issued a 60-day, 5% note for $60,000 on account. Aug. 29 Regis Co. paid the amount due. Regis Co. (Borrower). If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar. Jun. 1 Jun. 30 Aug. 29 Winthrop Co. (Creditor). If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar. Jun. 1 Jun. 30 Aug. 29

The loan below was paid in full before its due date. (a) Obtain the value of h from the annual percentage rate table. Then (b) use the actuarial method to find the amount of unearned interest, and (c) find the payoff amount. Regular Monthly Payment $445.22 Remaining Number of Scheduled Payments after Payoff 6 APR 11.0% Click the icon to view the annual percentage rate table. (a) h=$ (b) The unearned interest is $ (c) The payoff amount is $ (Round to the nearest cent as needed.) (Round to the nearest cent as needed.)

Given the following information concerning need answer this accounting questions

Journalize the following entries on the books of the borrower and creditor.  Label accordingly. (Assume a 360-day year is used for interest calculations.) Jun.    1 Regis Co. purchased merchandise on account from Winthrop Co., $60,000, terms n/30. Jun.  30 Regis Co. issued a 60-day, 5% note for $60,000 on account. Aug. 29 Regis Co. paid the amount due.

Complete the table.

Subject - account  Please help me.  Thankyou.

USE THE FOLLOWING INFORMATION FOR THIS QUESTION: Installment note payable borrowed from the bank Present value interest factor from table Signed for Annual interest rate Payments are made 195,060 $7,802 $99,442 The outstanding loan balance at the end of year 3 equals what amount? $103,420 zero $287,000 unable to determine 2.77509 3 years 4% Annually

Can you please answer the financial accounting question?