On June $6,$ Lantana Bank & Trust lent $$90,000$ to Steve Stone on a $60-$day, $6\%$ note.

Requirements

Journalize for Lantana the lending of the money on June $6.$

Journalize the collection of the principal and interest at maturity. Specify the date.

Requirement $1.$ Journalize for Lantana the lending of the money on June $6.($Record debits first, then credits. Select the explanation on the last line of the journal entry table