A business issued a 90-day, 5% note for $60,000 to a creditor for an accounts payable. Illustrate the effects on the accounts and financial statements of recording (a) the issuance of the note and (b) the payment of the note at maturity, including interest. If no account or activity is affected, select "No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. a. Illustrate the effects on the accounts and financial statements of recording the issuance of the note. Balance Sheet Assets = Liabilities + Stockholders' Equity = + + fill in the blank 5 fill in the blank 6 fill in the blank 7 fill in the blank 8 Statement of Cash Flows Income Statement fill in the blank 10 fill in the blank 12 b. Illustrate the effects on the accounts and financial statements of recording the payment of the note at maturity, including interest. Assume a 360-day year. Balance Sheet Assets = Liabilities + Stockholders' Equity = + fill in the blank 16 fill in the blank 17 fill in the blank 18 Statement of Cash Flows Income Statement fill in the blank 20 fill in the blank 22