Entries for notes payable Instructions Chart of Accounts Journal Instructions A business issued a 120-day, 10% note for $255,000 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-dey year and round amounts to the nearest whole dollar Refer to the Chart of Accounts for exact wording of accounts