On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $9,900. In payment for the services, Whole Grain Bakery signs a 8% note requiring the payment of the face amount and interest to Terrell & Associates on September 1. Required: 1. For Terrell & Associates, how are the financial statements affected by the acceptance of the note receivable on March 1? 2. For Terrell & Associates, how are the financial statement affected by the cash collection on September 1? Complete this question by entering your answers in the tabs below. Required 1 Required 2 For Terrell & Associates, how are the financial statements affected by the acceptance of the note receivable on March 1? Assets Balance Sheet Liabilities Stockholders' Equity Revenues Common Stock Retained Earnings Required 1 Required 2 > Incom