33 February 28, 20 C&Q Marketing (CQM) recently hired a new marketing director, Jeff Otos, for its main office. As part of the arrangement, COM agreed on February 28, 2017, to advance Jeff $105,000 on a one-year, 7 percent note, with interest to be paid at maturity on February 28. 2018. COM prepares financial statements on June 30 and December 31 Required: 1. Prepare the journal entry that CSM will make when the note is established. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) 00:24:41 View transaction list Journal entry worksheet Record the issuance of Notes rece Note: Enter debits before credits. Transaction General Journal Debit Credit Feb 28, 2017