View Policies Current Attempt in Progress West County Bank agrees to lend Cullumber Company $280000 on January 1. Cullumber Company signs a $280000, 6%, 6-month note. The entry made by Cullumber Company on January 1 to record the proceeds and issuance of the note is Cash Notes Payable 280000 280000 Interest Expense 4200 Cash 275800 Notes Payable 280000 Cash 280000 Interest Expense 8400 Notes Payable 280000 Interest Payable Cash Interest Expense Notes Pavable 280000 8400 8400 288400 MacBook Air