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Question 14 Carla Vista Financial Services loaned Sharp Inc. $110,000 cash in exchange for a one-year, 3% note on July 1, 2021. Interest is payable quarterly beginning on October 1, 2021. Carla Vista has a December 31 year end and records adjusting entries annually. * Question 14 your answer is correct. Record Carla Vista's entries related to the note on July 1 and October 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Cred Date And Ted Expo Duly 1 Notes Receivable T10000 Cash (Lend cash in exchange for a note.) 3 110000 Det Cash Interest Revenue (Collect interest earned) Attempts: 8 of 15 used * Question 14 Your answer is correct. Prepare the adjusting journal entry for accrued interest on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date At The Esplate INC De meren Receivable EL Interest Revenue 25 (To accrue interest earned.) Attempts: 6 of 15 used * Question 14 Your answer is correct. Indicate what amounts will be reported on Carla Vista's December 31, 2021, balance sheet related to the note receivable. Interest receivable Note receivable 110000