Question: Entries for Notes Payable A business issued a 45-day, 8% note for $195,000 to a creditor on account. Journalize the entries to record (a) the

Entries for Notes Payable A business issued a 45-day, 8% note for $195,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360-day year. Round your final answers to the nearest dollar. If an amount box does not require an entry, leave it blank. a. Accounts Payable Accounts Payable Notes Payable Notes Payable b. Interest Revenue Interest Revenue Notes Receivable Notes Receivable

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