On August 31, 2018, Barb Thibeault borrowed $6,000 from Savings State Bank. Thibeault signed a note payable, promising to pay the bank principal plus interest on August 31, 2019. The interest rate on the note is 12%. The accounting year of Savings State Bank ends on June 30, 2019. Journalize Savings State Bank's (a) lending money on the note receivable at August 31, 2018, (b) accrual of interest at June 30, 2019, and (c) collection of principal and interest at August 31, 2019, the maturity date of the note. 6,000 2018 Aug 31 Note Receivable - Barb Thibeault Cash 6,000 (b) Prepare the journal entry to record the accrual of interest at June 30, 2019 Journal Entry Credit Date 2019 Jun 30 Accounts Interest Receivable Interest Revenue Debit 600 600 (c) Prepare the journal entry to record the collection of the note principal and interest at August 31, 2019, the maturity date of the note. Journal Entry Accounts Debit Credit Date 2019 Aug 31 Choose from any list or enter any number in the input fields and then click Check