Entries for notes payable Instructions Chart of Accounts Journal Instructions A business issued a 45-day, 6% note for $235,000 to a creditor on account Journalize the entries to reord (a) the issuance of the note on January 1 and (b) the payment of the note at maturity including interest Assume a 360-day year Refer to the Chart of Accounts for exact wording of account titles a. Journalize the entries to record the issuance of the note on January 1. Refer to the Chart of Accounts for exact wording of account otles PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABIL/TIES EQUITY b. Journalize the entries to record the payment of the note at maturity, including interest. Assume a 360-day year and round amounts to the nearest whole dolar. Reler to the Chart of Accounts for exact wording of account titles. PAGE 2 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION CREDIT POST REF DERIT ASSETS LIABLITIES rquITY