In an effort to raise some cash for operating activities, Grouper Corporation approached Monty Ltd. and asked to borrow $109,000 (the Presidents of Grouper and Monty were cousins). Monty agreed to loan $109,000 to Grouper for three months at 6% interest. On August 1, Grouper signed a promissory note for the amount, promising to repay the funds plus interest on November 1. Prepare all the journal entries on the books of Monty to record the note receivable, assuming that Monty's fiscal year-end is September 30 and repayment of the note receivable plus interest occurs on November 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit August 1 Notes Receivable 109000 Cash 1090 (To record the note) September 30 Interest Receivable 4381 Interest Income 43 (To record interest through year end) October 31 109000 Cash Cash Cash Over and Short Petty Cash (To recora interest througn October 1090 November 1 Cash 6540 Interest Receivable 43 Interest Income 21