Bombay Inc. acquired $10,000 cash by issuing a promissory note to the National Bank on November 1, 2013. The note stipulated a one-year term and a 9% annual interest rate.

Required
Prepare the general journal entries to record

a. The issue of the note on November 1, 2013.
b. Accrued interest on December 31, 2013.
c. Accrued interest on October 31, 2014.
d. Cash paid to settle the amount of interest payable on October 31, 2014.
e. Cash paid to settle the principal balance of the obligation to the bank on October 31, 2014.