12. Below are transactions showing goods sold in exchange for the foliowing notes. Answer the questions and make the journal entries to record the sales transaction and then the payment. Do this for each note. (The cost of Mr. Joseph's order was 2,500. The cost of Mr. Ray's order at 2,000) Promissorv Note Temolate Promissory Note Amount: Date: 11/2021 54000 I Mr. Joseph make commitment to pay CAM Company, the Sum of $4,000 . Repayment is to be made in the form of 200 equal payments at the interest rate of 5% payable in 90 days on the following date, (month) (day) 20 (year) IN WITNESS WHEREOF, I set my hand under seal this 4. [the day] of November [month], 2021_and I acknowledge receipt of a completed copy of this instrument. IV. 2cosep F Sign: [Signature of borrower] Notary Public-SEAL. My Commission Expire a. The above is called a b. The maker of the note is: c. The payee of the note is: d. The principal of the note is: e. The interest rate is: f. The total interest that will be received is: g. The maturity date is: 12. Below are transactions showing goods sold in exchange for the foliowing notes. Answer the questions and make the journal entries to record the sales transaction and then the payment. Do this for each note. (The cost of Mr. Joseph's order was 2,500. The cost of Mr. Ray's order at 2,000) Promissorv Note Temolate Promissory Note Amount: Date: 11/2021 54000 I Mr. Joseph make commitment to pay CAM Company, the Sum of $4,000 . Repayment is to be made in the form of 200 equal payments at the interest rate of 5% payable in 90 days on the following date, (month) (day) 20 (year) IN WITNESS WHEREOF, I set my hand under seal this 4. [the day] of November [month], 2021_and I acknowledge receipt of a completed copy of this instrument. IV. 2cosep F Sign: [Signature of borrower] Notary Public-SEAL. My Commission Expire a. The above is called a b. The maker of the note is: c. The payee of the note is: d. The principal of the note is: e. The interest rate is: f. The total interest that will be received is: g. The maturity date is