Entries for notes payable Instructions Chart of Accounts Journal Instructions A business issued a 120-day, 4% nole for $285,000 to a creditor on account. Journalize the entries to record (w) the issuance of the note and (b) the payment of the note at maturity, including interest Assume a 360 day year and round amounts to the nearest whole dollar. Refer to the Chart of Accounts for exact wording of account titles