View Policies Current Attempt in Progress Monty, Inc. issued a $190,000, 4-year, 12% note at face value to Flint Hills Bank on January 1, 2020, and received $190,000 cash. The note requires annual interest payments each December 31. Prepare Monty's journal entries to record (a) the issuance of the note and (b) the December 31 interest payment. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation (a) (b) eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 3 used Submit Answer