Blossom Inc. provided several entertainment services to Ayayai Corporation in the past. On January 1, 2023, when the receivable for the past services was due. Ayayai was unable to pay the outstanding balance. Blossom agreed to accept a $300,000 non-interest bearing note payable on December 31.2024. Ayayai typically could arrange this kind of financing at an interest rate of 6 . K Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) Your answer has been saved. See score details after the due date. Use 1. PV.1 Tables, 2 a financial calculator, or 3, Excel functions to arrive at the amount to record the note receivable (Round present value factor calculations to 5 decimal places, eg. 1.2512. Round PV tables and Excel function answers to O decintal places es. Prepare the journal entry to record this transaction for Blossom Inc. on Jan 1,2023. (Credit account titles are automatically indented When the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. List all debit entries before credit entries, Round answers to 0 decimal ploces, es. 8,971.) Attempts: 0 of 1 used (c) (c) The parts of this question must be completed in order. This part will be avaliable when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above