Question Content Area A business issued a 90 day, 5 note for $10,000 to a creditor on account The company uses a 360 day year for interest calculations Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest If an amount box does not require an entry, leave it blank When required, round your answers to the nearest dollar a Accounts PayableAccounts ReceivableCashNotes PayableNotes Receivable Select Select Accounts PayableAccounts ReceivableCashNotes PayableNotes Receivable Select Select b Accounts PayableAccounts ReceivableCashNotes PayableNotes Receivable Select Select Accounts PayableCashInterest ExpenseInterest RevenueNotes Receivable Select Select Accounts PayableAccounts ReceivableCashInterest ExpenseNotes Receivable Select Select

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Question: Question Content Area A business issued a 90-day, 5% note for $10,000 to a creditor on account. The company uses a 360-day year for interest

Question Content Area

A business issued a 90-day, 5% note for $10,000 to a creditor on account. The company uses a 360-day year for interest calculations. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest.

If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar.

a.	Accounts PayableAccounts ReceivableCashNotes PayableNotes Receivable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashNotes PayableNotes Receivable	- Select -	- Select -
b.	Accounts PayableAccounts ReceivableCashNotes PayableNotes Receivable	- Select -	- Select -
	Accounts PayableCashInterest ExpenseInterest RevenueNotes Receivable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashInterest ExpenseNotes Receivable	- Select -	- Select -

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