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 $160,000 on April 30, 2021, on a one- year, 10 percent note, with interest payments required on October 31, 2021, and April 30, 2022. JNA issues quarterly financial statements on March 31, June 30, September 30, and December 31. Required: 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) 1. To record the promissory note created on April 30, 2021. (TIP: See Demonstration Case B for a similar problem.) 2. To record the interest accruals at each quarter-end and interest payments at each payment date (TIP: Interest receivable will be accrued at the end of each quarter, and then will be reduced when the interest payment is received.) 3. To record the principal payment at the maturity date. Record the receipt of a note on April 30, 2021 for a $160,000 loan to the new creative director. Note: Enter debits before credits. Date April 30, 2021 General Journal Debit Credit Record the interest accrued on the note as of June 30, 2021. Note: Enter debits before credits. Date June 30, 2021 General Journal Debit Credit Record the interest accrued on the note as of September 30, 2021. lote: Enter debits before credits. Date September 30, 2021 General Journal Debit Credit Record the receipt of interest for the period ending October 31, 2021. Note: Enter debits before credits. Date October 31, 2021 General Journal Debit Credit Record the interest accrued on the note as of December 31, 2021. Note: Enter debits before credits. Date December 31, 2021 General Journal Debit Credit Record the interest accrued on the note as of March 31, 2022. Note: Enter debits before credits. Date March 31, 2022 General Journal Debit Credit Record the receipt of interest for the period ending April 30, 2022. Note: Enter debits before credits. Date April 30, 2022 General Journal Debit Credit