24. Riseup Corporation borrowed $300,000 on April 30, 2018 from Hang Sang Bank. Riseup signs a one-year, 12% promissory note. Interest is paid at maturity. Riseup has a financial year-end on December 31 . Required: (a) Record the issuance of the note by Riseup Corporation. (2 marks) (b) Record the appropriate adjustment for the note by Riseup on December 31, 2018. (3 marks) (c) Record the payment of the note by Riseup at maturity. (3 marks) 24. Riseup Corporation borrowed $300,000 on April 30, 2018 from Hang Sang Bank. Riseup signs a one-year, 12% promissory note. Interest is paid at maturity. Riseup has a financial year-end on December 31 . Required: (a) Record the issuance of the note by Riseup Corporation. (2 marks) (b) Record the appropriate adjustment for the note by Riseup on December 31, 2018. (3 marks) (c) Record the payment of the note by Riseup at maturity