please help To attract retailers to its shopping center, the Marketplace Mall will...
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To attract retailers to its shopping center, the Marketplace Mall will lend money to tensuts under formal contracts, provided that they use it to renovate their store space. On November 1, 2020, the company losned $84,000 to new tenonts on one-year notes with stated annusl interest rates of 8 percent. Interest is to be received by Marketplace Mall on April 30, 2021, and at maturity on October 31,2021. Required: Prepare journal entries that Marketplace Mall would record related to these notes on the following dotes: (a) November 1, 2020; (b) December 31, 2020 (Marketplace Mall's fiscal year-end); (c) April 30, 2021; and (d) October 31, 2021. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) Journal entry worksheet Note: Enter debits befare credits
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