On November 7, 2017, Mura Company borrows $190,000 cash by signing a 90-day, 12% note payable with a face value of $190,000. (Use 360 days a year. Do not round your intermediate calculations.) 1. Compute the accrued interest payable on December 31, 2017. Principal x Time = Interest Total through maturity Year end interest accrual Interest recognized February 5 x Rate (%) % % | % I Journal entry worksheet Record the accrued interest expense. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2017 Record entry Clear entry View general journal = 1 Record the payment of note at maturity. ote: Enter debits before credits. Date General Journal Debit Credit Feb 05, 2018 Record entry Clear entry View general journal