On November 1, Forster Company borrowed from Johnson, giving him a ( $ 12,000,6 ) month, ( 9 % ) note, interest payable at maturity. Forster Company made no entry after November 1. What entry would Foster Company make on December 31, the end of the accounting period? Please make the journal entry in the following format. Example: Dr. Accounts Receivable ( quad 10,000 ) Cr. Cash 10,000

On November 1. Forster Company borrowed from Johnson, giving him a $12,000,6 month, 9% note, interest payable at maturity. Forster Company made no entry after November 1. What entry would Foster Company make on December 31 , the end of the accounting period? Please make the journal entry in the following format Example: De Accounts Receivable 10,000 Cr Cash 10,000