h. Journal Entries (issuance, Accrual of interest at the end of the year, Receipt of payment at the due date) Promissorv Note Temalate Promissory Note Amount: Date: juy 7,2020 250000 I Mr. Alay, make commitment to pay Ava Company, the Sum of 5 2500.00 Repayment is to be made in 60 days at the interest rate of 224 Maturity date of IN WITNESS WHEAEOF, I set my hand under seal thls July 6 th of 2021 and 1 acknowledge receipt of a completed copy of this instrument. Mh. Ray. Sign: [signature of borrower] Notary Public - 5EAl Aly Cormmission Expire 30ax/xox a. The maker of the note is: b. The payee of the note is: c. The principal of the note is: d. The interest rate b: e. The total interest that will be received is