c) Record the first two installim 6. 7 Marks On Nov 1, 2023 Hamilton Inc asks that a $200,000 outstanding Account Payable be converted into 3 short term Note Payable. Hamilton agrees that the note payable will be due in 3 months and have 10% interest rate. The note along with interest will be payable on Feb 1, 2024. Hamilton closes theit books monthly. a) Show the journal entry to be made on Nov 1, 2023 (1 mark) b) Show all other journal entries to record the accrual of interest and the payment of this note 16 marks) c) Record the first two installim 6. 7 Marks On Nov 1, 2023 Hamilton Inc asks that a $200,000 outstanding Account Payable be converted into 3 short term Note Payable. Hamilton agrees that the note payable will be due in 3 months and have 10% interest rate. The note along with interest will be payable on Feb 1, 2024. Hamilton closes theit books monthly. a) Show the journal entry to be made on Nov 1, 2023 (1 mark) b) Show all other journal entries to record the accrual of interest and the payment of this note 16 marks)