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normal text - Times New. - 12 . BI UA C - IEE 11 Problem 4. (10 points) Crow Bank lent Jones Company $300,000. This

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normal text - Times New. - 12 . BI UA C - IEE 11 Problem 4. (10 points) Crow Bank lent Jones Company $300,000. This $300,000, 10% note dated October 1, 2016, is on September 30, 2017 In the joumal below: Prepare the 10/1/Year 1 entry to record the issuance of the note for cash lent to Jones. The bank's year-end is December 31. Record the journal entry required at December 31, Year 1 for interest related to this note. (The bank only adjusts its accounts at year-end.) Prepare the joumal entry to record the receipt of interest and principal at maturity on 9/30/Year 2 Debit Credit 10/1/Year 1 12/31/Year 1 9/30/Year 2 # * oN 0 w

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