On April 1, 2024, Macomb Cotporation tealizes that one of its main suppliers is having difficulty meeting delivery schedules, which is hurting Macomb's business. The supplier explains that it has a temporary lack of funds that is slowing its production cycle. Macomb agrees to lend $560,000 to its supplier using a 12 -month, 12% note. Required: Record the folbowing transactions for Macomb Corporation 1. The foan of $560,000 and acceptance of the note receivable on Apnil 1,2024 2. The adjusting entry for accrued interest on December 31,2024 3. Cash coliection of the note and interest on April 1.2025 (If no entry is required for a porsiculor transaction/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet 3 Wecard the ban of 5360,000 and acceptance of the note receivatile on April 1. 2024. On April 1, 2024. Macomb Corporation realizes that one of its main suppliers is having difficulty meeting delivery hurting Macomb's business. The supplier explains that it has a temporary lack of funds that is slowing its producti agrees to lend $560,000 to its supplier using a 12 -month, 12% note. Required: Record the following transactions for Macomb Corporation: 1. The loan of $560,000 and acceptance of the note receivable on April 1, 2024. 2. The adjusting entry for accrued interest on December 31,2024. 3. Cash collection of the note and interest on April 1, 2025. (If no entry is required for o particular transaction/event, select "No Journal Entry Required" in the first account Journal entry worksheet On April 1, 2024, Macomb Corporation realizes that one of its main suppliers is having difficulty meeting delivery sch hurting Macomb's business. The supplier explains that it has a temporary lack of funds that is slowing its production agrees to lend $560,000 to its supplier using a 12 -month, 12% note. Required: Record the following transactions for Macomb Corporation: 1. The loan of $560,000 and acceptance of the note receivable on April 1, 2024. 2. The adjusting entry for accrued interest on December 31, 2024. 3. Cash collection of the note and interest on April 1, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fie Journal entry worksheet Record the cash collection of the note andlinterest on April 1, 2025. Note: Enter debits before credats