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 $35,000 on a one-year, 6 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.) a) record the issuance of notes recievable

Transation Date	General journal	Debit	Credit
Feb 28, 2020

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.) a- record the accrual of interest on June 30

b-record the accrual of interest on Dec 31

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.) a) record the recipet of interest on Feb 28, 2018

b)Record the prinicpal payments on Feb 28, 2018

b)