Notes Payable When an interest-bearing note payable is signed, the maker of the note must record the note as _________ in liabilities in an amount equal to the _________ of the note. At the end of the fiscal period, the maker of the note must record accrued interest incurred on the note. The entry to record accrued interest includes a debit to __________ and a credit to ________. On the maturity date, the maturity value of the note is paid to the payee.