On October 17, a note payable is used to replace a $90,000 overdue account payable that does not bear interest. The customer agrees to pay $25,000 cash and sign a 90-day, 15% note to replace the account payable. The customers entry to record this transaction would be: Particulars Debit Credit On December 31, the customers year end, an interest accrual is made. The customers entry to record this accrual would be: Particulars Debit Credit On January 16, the