Ch 8 Hmwk Help Save&Exit Submt Seved Check my work 6 Nova Corporation hired a new product manager and agreed to provide her a $38,000 relocation loan on a six-month,6 percent note. 1.5 points a. The company loans the money on January 1 b The new employee pays Nova the interest owed on the maturity date. C. The new employee pays Nova the full principal owed on the maturity date eBook Prepare journal entries to record the above transactions for Nova Corporation. (If no entry is required for a transaction/event, Print Roferences select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet The company loans the money on January 1. Record the transaction. Note: Enter debilts before credits