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 $75,000 on a one-year 7 percent note, with interest to be paid at 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 Required in the first account field. Do not round intermediate calculations. Round your final answers to whole dollar amount) 1. When the note is established 2. To record the interest accruals at each quarter-end and interest payments at each payment date 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. Date June 30, 2021 General Journal Debit Credit Record entry Clear entry View general Journal Journal entry worksheet Record the interest accrued on the note as of December 31, 2021. Enters before credits Data General Journal Debit Credit Deober 31.2521 Record entry Clear Gry View general Journal Journal entry worksheet