A MONTH NOTE PAYABLE ADJ Use the dropdown to choose your accounts. LINE DEBIT CREDIT DATE GENERAL JOURNAL 1 1/1/2017 Choose: 2 Choose: Date Transaction 1/1/2017 Carter Corporation issued 100,000 shares of $1.00 par common stock for $1.00 per share. 3 11/2017 4 11/1/2017 Choose: 5 Choose: 11/1/2017 Carter Corporation borrowed $40,000 with interest at 6 percent for 3 months. 6 7 12/31/2017 Choose: Choose: F 12/31/2017 Carter accrued interest for the end-of-year financial statements. Use the account INTEREST EXPENSE 2017. 8 9 10 2/1/2018 Choose: Choose: 2/1/2018 Carter Corporation paid off the note plus interest. Use the account INTEREST EXPENSE 2018 for 2018 interest. 11 12 Choose: 13 Choose: DEBIT CREDIT TRIAL BALANCE CASH NOTES PAYABLE INTEREST PAYABLE INTEREST EXPENSE 2017 INTEREST EXPENSE 2018 COMMON STOCK TOTALS 0 IN BALANCE