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PLEASE SHOW HOW TO FILL OUT THE TABLES On October 1,2024 , Oberley Corporation loans one of its employees $44,000 and accepts a 12 month,

*****PLEASE SHOW HOW TO FILL OUT THE TABLES*****

On October 1,2024 , Oberley Corporation loans one of its employees $44,000 and accepts a 12 month, 7% note receivable. Required: Determine the financial statement effects of (a) lending $44,000 cash to an employee, (b) interest on the note as of December 31 , 2024 , and (c) collecting cash for the note and interest on October 1, 2025. Complete this question by entering your answers in the tabs below

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