e Question Help On August 1, Taylor Company lent $80,000 to L. King on a 90-day, 5% note. & Joumalize for Taylor Company the lending of the money on August 1, D. Joumalize the collection of the principal and interest at maturity. Specify the date. 8. Journalize for Taylor Company the lending of the money on August 1. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table. For notes stated in days, use a 360-day year.) Date Accounts and Explanatio Debit Credit 9. Joumalize the collection of the principal and interest at maturity. Specify the date. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the inpu and then continue to the next