office Editing for Docs, Sheets & Slides chrome-extension//bpmcpldpdmajfigpchkicefoigmkfalc/views/app.html ilities - Homework (Student) (2)xls Insert Format Help Deblt Credit 20,000 A company agreed to sign a notes payable in exchange f The note was for 80 days, a 12% Dated in Record the interest on the above note at the end of the first month. Use 360 for the days of the year Record the interest on the note at the end of the second month. This month is not a Leap Year. Use simple interest. Record payment of the note at the end of its life Record the following discounted note, used to acquire cash Face value of note: 10,000 Discount 110 The note is for 1 month. Record accrual of in terest on above note. The above note became due, Record payment A company has long.term note payable in the amout of 20,000 of this debt became payable with the next year, 80,000 Pay-off the current portion for the above note payable