part b please

Shamrock Enterprises borrows $50,400 from Pharoah Company on July 1, 2024, signing a 8%, one-year note payable. Interest is to be paid at maturity. (a) Prepare the joumal entry for Shamrock Enterprises to record the receipt of the proceeds of the note (Cnedit account titles ore outomaticaly indented whon the dmount is entered Donot indest miansolix. Dh he entry is readired, select "No Entry" for the occount tites ond enter 0 for the amounts tist desitentry before crofit atiyy (b) Prepare the joumal entry for Shamrock Enterprises to record the accrued interest at December 31 assuming adjusting entries