On May 2. Cheyenne Company lends $8,200 to Chang, Inc., issuing a 6-month, 10% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts and care independent assumptions. (a) Prepare the entry to record the issuance of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 2 On March 9. Hill gave Sheridan Company a 60-day, 9% promissory note for $6,300. Hill honors the note on May 9. Record the collection of the note and interest by Sheridan assuming that no interest has been accrued. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Use 360 days for calculation List all debit entries before credit entries. Round answers to O decimalplaces, e.s. 1,252.) Date Account Titles and Explanation Debit Credit May 9