Instructions On December 11, 2016, Hooper Inc. made a credit sale to Marshall Company and required Marshall to sign a $21,000, 60-day note. by h Required: Prepare the journal entries necessary to record the receipt of the note by Hooper, the accrual of interest on December 31, 2016, and the customer's repayment on February 9, 2017, assuming: 1. Interest of 9% was assessed in addition to the face URNA value of the note. 2. The note was issued as a $21,000 non-interest- bearing note with a present value of $20,687. The implicit interest rate on the note receivable was 9%. Assume a 360-day year. Instructions General Journal Prepare the journal entries necessary to record the receipt of the note by Hooper the accruel of interest on December 31 2016 and the customer's repayment on February 9, 2017, assuming an interest rate of 9% was assessed in addition to the face value of the note Additional Instruction GENERAL JOURNAL DATE ACCOUNT TTLE POST REF DEBIT REDIT Prenare te ournal entries necessary to record the receiot of the note by Hooper the accrual of interest on December 31 2016 and the to record the receipt of the note by Hooper, the accrual of interest on December 31, 2016, and the Prepare the journal entries necessary record customer's repayment on February 9, 2017, assuming the note was issued as a $21,000 $20.687. The impot interest rate on the note recen able was 9%. Assume a 360-day year Adat onalinstructons non-interest-bearing note with a present value of RGE 12 GENERAL JOURNA DATE ACCOUNT TITLE DEBIT CREDIT