On July 1, Tair Company lent $85,000 to L. Kalra on a 90-day, 4% note. Journalize for Tair Company the lending of the money on July 1 9. Journalize the collection of the principal and interest at maturity. Specify the date. 8. Journalize for Tair Company the lending of the money on July 1. (Record debits first, then, credits. Seled of the journal entry table. For notes stated in days, use a 360-day year.) Date Accounts and Explanation Debit Credit Jul. 1