Entries for Notes Payable A business issued a 45-day, 6% note for $210,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360-day year. For a compound transaction, if an amount box does not require an entry, leave it blank. Entries for Discounted Note Payable A business issued a 60-day note for $42,000 to a creditor on account. The note was discounted at 9%. Assume a 360-day year. a. Journalize the entry to record the issuance of the note. For a compound transaction, if an amount box does not require an entry, leave it blank. If necessary, round to one decimal place. a. b. Journalize the entry to record the payment of the note at maturity. b. Accounts Payable Cash Interest Expense Interest Revenue Notes Receivable