Current Attempt in Progress In an effort to raise some cash for operating activities, Riverbed Corporation approached Concord Ltd. and asked to borrow $116,000 (the Presidents of Riverbed and Concord were cousins). Concord agreed to loan $116,000 to Riverbed for three months at 6% interest. On August 1, Riverbed signed a promissory note for the amount, promising to repay the funds plus interest on November 1. Prepare all the journal entries on the books of Concord to record the note receivable, assuming that Concord's fiscal year-end is September 30 and repayment of the note receivable plus interest occurs on November 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit August 1 Notes Receivable 116000 Cash 116000 (To record the note) eptember 30 Interest Receivable Interest Income (To record interest through year end) October 31 (To record interest through October) Jovember 1 Cash Interest Receivable (To record repayment of the note)