C\&Q Marketing (CQM) recently hired a new marketing director, Jeff Otos, for its main office. As part of the arrangement, CQM agreed on February 28,2020 , to advance Jeff $115,000 on a one-year, 9 percent note, with interest to be paid at maturity on February 28 , 2021. CQM prepares financial statements on June 30 and December 31. Required: 1. Prepare the journal entry that CSM will make when the note is established. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the issuance of Notes receivable. Note: Enter debits before credits. 2. Prepare the journal entries that CSM will make to accrue interest on June 30 and December 31 . (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar amount.) Journal entry worksheet Note: Enter debits before credits. 3. Prepare the journal entry that CSM will make to record the interest and principal payments on February 28,2021 . (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar amount.) Journal entry worksheet Record the principal payments on February 28, 2018. Note: Enter debits before credits