Current Attempt in Progress

In an effort to raise extra cash for operating activities, the owner of Riverbed Corporation arranged to borrow $$37,200$ from Concord Ltd$,$ a company that his wife owns. On March $1,$ Riverbed signed a $6$ month note payable at $2\%$ interest. This rate of interest is a fair rate of interest.

$($a$)$

Prepare the journal entry for the issuance of the note. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.$)$