Please correct what is incorrect this is due in 30 mins too!

Entries for Notes Payable

A business issued a 60-day, 10% note for $98,000 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.

If an amount box does not require an entry, leave it blank. If required, round yours answers to whole dollar.

a. Accounts Payable \\( \\vee \\vee 98,000 \\) Notes Payable \\( \\boldsymbol{\\sim} \\vee \\) 98,000 b. Cash \\( >\\mathbf{x} \\) \\( \\times 99,633 \\times \\) Interest Expense \\( \\boldsymbol{\ abla} \\) 1,633 Notes Payable \\( \\boldsymbol{\\sim} \\mathbf{x} \\) \\( 98,000 \\times \\) \\( x \\)