A business issued a 60 -day, 15% note for $89,000 to a creditor on account, Journalize the entries to record (a) the issuance of the note and (b) the payment of the not at maturity, including interest. Assume a 360 days in a year. If an amount box does not require an entry, leave it blank. If required, round yours answers to whole doliar. Feethosk Toceruphen Why is the company issuing the note? What type of note is being issued (interest-bearing or discounted)? How much wil the company owe on the matunty date? On the maturity date, the debtor must repay the face amount of the note, plus interest. Interest is computed by multiplying the face amaunt with the interest rate and the time penod