10.00 points PA8-3 Recording Notes Receivable Transactions [LO 8.31 CBS Marketing (CSM) recenty hied a new marketing director Jeff Otos, for downtown Minneapolis office. As part ofthe amangement CSM agreed advance Jeff $25,000 on a one-year, 7 percent note, February 28, 2015, to with interest to be paid at maturity on February 28, 2016. CSM prepares financial statements on June 30 and December 1. Prepare the joumal entry that CSM will make when the note is (if no entry is required for a transaction/event, select "No Journal Entry Required' in the first account field.) view transaction litt view general journal Journal Entry Worksheet Record the receipt of a note on February 28, 2015 for a $25,000 loan to an employee. Date GeneraDouma Debut credit Feb 28, Enter debits before credits ee joumal enties that CSM wil make to interest on June December 31. no required for a select Entry Required' in the first account field. Round Youranswers to nearest whole view transaction list view general journal >ournal Entry worksheet Record the interest accrued on the note as of June 30, Question 2 (of 2)