5. Snap Inc. borrowed $1,000, taking out a 6% 6-month note on November 1. Make the journal entries that Snap would have to make on 11/1, 12/31 (assuming that this is the fiscal year-end), and 4/30(when the note is paid in full). Date Account Debit Credit 11/1 12/31 Tik Tok Corp borrowed $10,000, taking out a 4% 4-month note on December 1. Make the journal entries that Tik Tok would have to make on 12/1, 12/31 (assuming that this is the fiscal year-end), and 3/31(when the note is paid in full). Date Account Debit Credit 12/1 12/31