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Kelly Jones and Tami Crawford borrowed $13.200 on a 7-month, 5% note from Gem State Bank to open their business, Crane's Coffee House. The

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Kelly Jones and Tami Crawford borrowed $13.200 on a 7-month, 5% note from Gem State Bank to open their business, Crane's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit June 1 Cash Notes Payable eTextbook and Media List of Accounts

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