Brown Capacitor Corp. received $600,000 on September 1, 2018 as the proceeds from the loan and issued a six-month promissory note bearing 7.5% annual interest to the bank. Under the terms of the note, Brown Capacitor Corp. was required to make full payment of interest and principal at maturity on March 1, 2019

A)Prepare the necessary adjustment for interest on the note at December 31, 2018 in general journal form.

B)Prepare the general journal entry to record the payment of principal and interest made by Brown Capacitor Corp. to its bank on March 1, 2019.