On May 2, Whispering Company lends $8,800 to Chang, Inc., issuing a 6-month, 12% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts b and c are independent assumptions.

(a)

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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	enter an account title for the journal entry on May 2	enter a debit amount	enter a credit amount
	enter an account title for the journal entry on May 2	enter a debit amount