Journal entry worksheet Record the receipt of the payment for interest for the period ending February 28,2022. Note: Enter debits before credits. Journal entry worksheet 1 5 Record the interest accrued on the note as of December 31, 2021. Note: Enter debits before credits. PA8-3 (Algo) Recording Notes Receivable Transactions [LO 8-3] C\&S Marketing (CSM) recently hired a new marketing directoc, Jeff Otos, for its downtown Mirneapolis office. As part of the arrangement, CSM agreed on February 28,2021 , to advance Jeff $75,000 on a one-year, 8 percent note, with interest to be paid at maturity on February 28,2022. CSM prepares financial statements on June 30 and December 31 . Required: Prepare the journal entries that CSM will make: (If no entry is required for a transoction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to whole dollor amount:) 1. When the note is established 2. Prepare the journal entries to accrue interest on June 30 and December 31 . 3. to record the principal payment at the maturity date Journal entry worksheet Journal entry worksheet Record the receipt of the payment for the principal on the note's maturity date. Note: Enter debits before credits. Journal entry worksheet 2 3 4 5 Record the receipt of a note on February 28, 2021 for a $75,000 loan to an employee. Note: Enter debits before credits. Journal entry worksheet (4) 5 Record the interest accrued on the note as of June 30, 2021. Note: Enter debins before credits