C\&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part arrangement, CSM agreed on February 28,2021 , to advance Jeff $60,000 on a one-year, 7 percent note, with interest maturity on February 28, 2022. CSM prepares financial statements on June 30 and December 31. Required: Prepare the journal entries that CSM will make: (If no entry is required for a transaction/event, select "No Journal Ent the first account field. Do not round intermediate calculations. Round your final answer's to whole dollar amount) 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the interest accrued on the note as of December 31, 2021. Note: Enter debits before credits. \&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part of the rrangement, CSM agreed on February 28,2021, to advance Jeff $60,000 on a one-year, 7 percent note, with interest to be paid at taturity on February 28, 2022. CSM prepares financial statements on June 30 and December 31. Required: repare the journal entries that CSM will make: (If no entry is required for a transaction/event, select "No Journal Entry Required" In he first account field. Do not round intermediate calculations. Round your final answer's to whole dollar amount) 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the receipt of a note on February 28,2021 for a 560,000 loan to an employee. C\&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part of arrangement, CSM agreed on February 28,2021 , to advance Jeff $60,000 on a one-year, 7 percent note, with interest maturity on February 28, 2022. CSM prepares financial statements on June 30 and December 31. Required: Prepare the journal entries that CSM will make: (If no entry is required for a transaction/event, select "No Journal Entr the first account field. Do not round intermediate calculations. Round your final answers to whole dollar amount.) 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the recelpt of the payment for interest for the period ending February 28,2022. Note: Enter debits before credits: C\&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part of the arrangement, CSM agreed on February 28,2021 , to advance Jeff $60,000 on a one-year, 7 percent note, with interest to be maturity on February 28, 2022. CSM prepares financial statements on June 30 and December 31. Required: Prepare the journal entries that CSM will make: (If no entry is required for a transaction/event, select "No Journal Entry R the first account field. Do not round intermedlate calculations. Round your final answer's to whole dollar amount.) 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the recelpt of the payment for the principal on the note's maturity date. Note: Enter debits before credits. C\&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As p arrangement, CSM agreed on February 28, 2021, to advance Jeff $60,000 on a one-year, 7 percent note, with inte maturity on February 28, 2022. CSM prepares financial statements on June 30 and December 31. Required: Prepare the journal entries that CSM will make: (If no entry is required for a transaction/event, select "No Journa the first account field. Do not round intermediate calculations. Round your final answer's to whole dollar amou 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31. 3. to record the principal payment at the maturity date Journal entry worksheet Record the interest accrued on the note as of June 30, 2021. Note: Enter debits before credits