IB Problem Qu. 9.180 (Algo) Interest-bearing notes payable with year-end adjustments On December 1, Williams Company borrowed $370,000 cash from a bank by signing a 90 -day, 8% note payable. a. Prepare Wiliams' journal entry to record the issuance of the note payable. b. Prepare Williams' journal entry to record the accrued interest due at December 31. c. Prepare Williams' journal entry to record the payment of the note on March 1 of the next year. Complete this question by entering your answers in the tabs below. Prepare Wiliams' journal entry to record the issuance of the note payable. Prepare Williams' journal entry to record the payment of the note on March 1 of the next year. Note: Use 360 days a year. Do not round your intermediate calculations. Round your answers to 2 decimal place Journal entry worksheet Record payment of the note at the maturity date. Note: Enter debits before credits. Prepare Williams' journal entry to record the accrued interest due at December 31. Note: Use 360 days a year. Do not round your intermediate calculations. Round your answers to 2 de Journal entry worksheet Record the accrued interest due at December 31. Note: Enter debits before credits