Jung & Newbicalm Advertising (JNA) recently hired a new creative director, Howard Rachell, for its Madison Avenue office in New York. To persuade Howard to move from San Francisco, JNA agreed to advance him $190,000 on April 30, 2018, on a one-year, 9 percent October 31, 2018, and April 30, 2019. JNA issues quarterly financial statements on March 31, June 30 Sepestpeand December 31 Prepare journal entries to record the note's issuance, interest earned, and interest payments received for each quarter and on each payment date. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to whole dollar amount) Answer is not complete. General Journal No Date Debit Credit Notes Receivable (short-term) Apr 30, 2018 190,000 190,000 Cash Interest Receivable 1,425x 2 Jun 30, 2018 Interest Revenue 1.425 Interest Receivable 3 Sep 30, 2018 4,275 Interest Revenue 4,275 7,125 x Oct 31, 2018 Cash Interest Receivable 5,700 Interest Revenue 1,425 k View transaction list View journal entry worksheet X Credit Debit 190,000 Import a new list 190,000 ces Record the receipt of a note on April 30, 2018 for a $190,000 loan to the new creative director. 1.425 2 Record the interest accrued on the note as of June 30, 2018 1.425 4.275 3 Record the interest accrued on the note as of September 4.275 30, 2018. 4 Record the receipt of interest for the period ending October 31, 2018 7,125 5,700 1,425 Record the interest accrued on the note as of December 5 31, 2018. Record the interest accrued on the note as of March 31. 6 Note = journal entry has been entered Prev 9 of 10 Next> Jung & Newbicalm Advertising (JNA) recently hired a new creative director, Howard Rachell, for its Madison Avenue office in New York. note with interest payments recuired on October 31, 2018, and April 30, 2019 JNA issues quarterly financial statements on March 31. June 30, September 30, and December 31. 2 points Prepare Journal entries to record the note's Issuance, Interest earned, and Interest payments recelved for each quarter and on each payment date. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to whole dollar amount) eBook View transaction list View journal entry worksheet Print X Debit Credit 190,000 Import a new list 30, 2018 190,000 References Record the receipt of interest for the period ending 1.425 October 31, 2018. 1.425 5 Record the interest accrued on the note as of December 31, 2018. 1 278 4275 6 Record the interest accrued on the note as of March 31, 2019 7,125 Record the receipt of interest for the period ending April 7 5,700 30, 2019. 1.425 8 Record the receipt of the principal on the note's maturity date. ournal entry has been entered