Oo March 1, Year 1. ABC Company received $40,000 cash from the issue of a two-year, 6% note. What is the joumal entry to record the interest payment on Feb 28. Year 2? Oo March 1, Year 1. ABC Company received $40,000 cash from the issue of a two-year, 6% note. What is the joumal entry to record the interest payment on Feb 28. Year 2