Kelly Jones and Tami Crawford borrowed $36,000 on a 7-month, 7% note from Gem State Bank to open their business, Wildhorse's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023 (a) Your answer is correct.. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically insulented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June 1 (b) Cash Notes Payable eTextbook and Media List of Accounts Debit Date Account Titles and Explanation June 30 36000 Debit Credit 36000 Assistance Used Prepare the entry to accrue the interest on June 20. (Credit occourt titles are automatically indented when amount is entered. Do not indent manually Attempts: 1 of Jused Credit

(a) Lit of Accounts Anenghis iotawed thi haid monals