On September 1, Tair Company lent $86,200 to L. Kane on a 90-day, 2% note. 8. 9. Journalize for Tair Company the lending of the money on September 1. Journalize the collection of the principal and interest at maturity. Specify the date. 8. Journalize for Tair Company the lending of the money on September 1. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table. For notes stated in days, use a 360-day year.) Date Debit Credit Sept. 1 Accounts and Explanation Notes Receivable-Kane Cash Accepted note in exchange for cash. Accepted note in exchange for cash. Collected note receivable plus interest