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Homework: Chapter 8 part B homework Save Score: 0.16 of 1 pt 6 of 9 (5 complete) HW Score: 36.65%, 3.3 of 9 pts %E8-23 (similar to) Question Help On June 30, 2018, Nature Bank loaned $84,000 to Kara Harmon on a one-year, 6% note. Nature's focal year ends on December 31 Read the requirements Requirement 1. Journalize all entries for Nature Bank related to the note for 2018 and 2019. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by recording the loan on June 30, 2018 Date Accounts and Explanation Debit Credit 2018 Jun 30 84,000 Note Receivable-Kara Harmon Cash 84,000 Accepted note in exchange for cash Record the entry to accrue interest revenue on the Harmon note at December 31, 2018. (Use months for interest calculations.) Date Accounts and Explanation Debit Credit 2018 Dec. 31 Choose from any list or enter any number in the input fields and then click Check Answer 3 remaining 3 parts Clear All Check Answer A Requirements 1. Journalize all entries for Nature Bank related to the note for 2018 and 2019. 2. Which party has a a. note receivable? b. note payable? c. interest revenue? d. interest expense? Suppose that Kara Harmon defaulted on the note. What entry would Nature record for the dishonored note? Print Done