Help Save & Exit Sub 58 On November 1, Alan Company signed a 120 day, 12% note payable, with a face value of $10,800. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year) 60 On November 1, Alan Company signed a 120 day, 9% note payable, with a face value of $48,000. Alan made the appropriate year-end accrual What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was made? (Use 360 days a year)