Check Nicole thinks that her business, Nicole's Getaway Spa (NGS), is doing really well and she is planning a large expansion. With such a large expansion, Nicole will need to finance some of it using debt. She signed a one-year note payable with the bank for $44,000 with a 7 percent interest rate. The note was issued October 1, 2017, interest is payable semiannually; and the end of Nicole's accounting period is December 31. Required: Prepare the journal entries required from the issuance of the note until its maturity on September 30, 2018, assuming that no entries are made other than at the end of the accounting period, when interest is payable, and when the note reaches its maturity. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 Record the borrowing of $44,000. Note: Enter debits before credits. General Journal Debit Credit Date Oct 01, 2017 Record entry Clear entry View general iournal Journal entry worksheet 3 4 5 Record the accrued interest on December 31, 2017. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2017 Record entry Clear entry View generaliournal Journal entry worksheet