On March 1, Pronghorn Company borrows $135,000 from New National Bank by signing a 6-month, 7%, interest-bearing note. Prepare the necessary entries below associated with the note payable on the books of Pronghorn Company. (a) Your answer has been saved. See score details after the due date. Prepare the entry on March 1 when the note was issued. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation March Cash 1 Debit Credit 135,000 (b) Notes Payable 135.000 Attempts: 1 of 1 used Your answer has been saved. See score details after the due date. Prepare any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements. Assume no other interest accrual entries have been made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation June Interest Expense 30 Interest Payable Debit Credit 3.150 3,150 (c) Prepare the entry to record payment of the note at maturity. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Sept. 1 Debit Credit