on October 16 Charlottes cookies signed a $18,000, 90 day, 6% note payable to cover A past due account payable

On October 16, Charlotte's Cookies signed a $18.000 90-day, 6% note payable to cover a past due account payable Show your calculations for credit 1. What amount of interest expense on this note should Charlotte's Cookies report on year-end December 31? 2. Prepare Charlotte's journal entry to record the issuance of the note payable on October 16. 3. Prepare Charlotte's adjusting journal entry at the end of the year. December 31. 4. Prepare Charlotte's journal entry to record the payment of the note on January 14 of the following year