On September 1, 2018, Triton Entertainment signed a $500,000 discount note to fund expanded operations. The note was issued to Nevada Bank and the terms were 9-months, 12% annual rate, simple interest. The note was paid in full at maturity. Triton's fiscal period is the calendar year.

1. Prepare the journal entry for the issuance of the note by Triton. 2. Prepare the appropriate adjusting entry for the note by Triton on December 31, 2018. 3. Prepare the journal entry for the payment of the note at maturity.