Question: Problem 875A Note Payable and Accrued Interest Recuifed: 1. Prepare the entry for this note on October 1,2019 , 2019 0ct. 1 (Recoord issuance of

Problem 875A Note Payable and Accrued Interest Recuifed: 1. Prepare the entry for this note on October 1,2019 , 2019 0ct. 1 (Recoord issuance of note) 2. Dreare the adjusting entry for this note on December 31,2019 : 2019 Dec 31 (Record acorved interest) 3. Indicate how the noce and the accrued interest would appear in the balance sheet at December. 31 , 2019. Among the current liabilities: Shoet-term notes parable Interest payable 4. Prepare the entry to record the repayment of the note on May 1, 2020. If an amount box does not require an entry, leave it blank. 2020

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