On June 1, Reeses Company borrows $70,000 from The BIG Bank by signing a 8-month, 5%, interest-bearing note. Reeses' year end is August 31. Instructions Prepare the following entries associated with the note payable on the books of Reeses Company: a) The entry on June 1 when the note was issued. b) Any necessary adjusting entries at August 31, assuming no other adjusting entries relating to the notes payable have been made yet. c) The entry to record payment of the note at maturity. *Round all amounts to the nearest dollar*