On May 1, 2024, a company lends $100,000 to one of its main suppliers and accepts a 12 -month, 6% note. Required: Record the acceptance of the note on May 1, 2024, the adjusting entry on December 31, 2024, and the cash collection on May 1, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Note: znter oevits verore creaits: On May 1, 2024, a company lends $100,000 to one of its main suppliers and accepts a 12 -month, 6% note. Required: Record the acceptance of the note on May 1, 2024, the adjusting entry on December 31, 2024, and the cash collection on May 1 . 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do round intermediate calculations.) Journal entry worksheet Record the adjusting entry for interest revenue. Note: Enter debits before credits: TB EX Qu. 5-228 (Static) On May 1, 2024, a company lends... On May 1, 2024, a company lends $100,000 to one of its main suppliers and accepts a 12 -month, 6% note. Required: Record the acceptance of the note on May 1, 2024, the adjusting entry on December 31, 2024, and the cash collection on May 1 , 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Record the collection of cash for notes receival i and interest. Note: Enter debits before credits