Book Show Me How Print Item W CONOWV21 Entries for notes payable Instructions Chart of Accounts Journal Instructions A business issued a 120-day, 5% note for $60,000 to a creditor on account Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360-day your. Refer to the Chart of Accounts for exact wording of account dilles Previous Next Check My Work 2 more Check My Work uses remaining, TE Submit Assignment for Grac Instructions Chart of Accounts Journal Instructions Journal a. Journalize the entry to record the issuance of the note on January 1. Refer to the Chart of Accounts for exact wording of account files How does grading work? JOURNAL Score: 25/25 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT rum 1 Jan 1 Accounts Payable 60,000.00 1 2 Notes Payable 60,000.00 1 Previous eck My Work 2 more Check My Work uses remaining, eBook Show Me How My Home Printem Cenowa i Entries for notes payable Instructions Chart of Accounts Journal Instructions Journal How does grading work? JOURNAL Score: 24/37 ACCOUNTING EQUATION DESCRIPTION POSTRES 1 CREDIT DATE May 1 Notes Payable Interest Expense DEST 60,000.00 EQUITY + 2 3 Cash Point Next Check My Work 2 more Check My Work uses remaining