pls help me with the questions at the bottom of the image

Question 2 Information: Company name is National Machine & Welding Ltd. (NMW) Year end is August 31, 2020 - NMW signed a promissory note receivable with Lapua Welding Ltd, lending them funds with the following details: - Amount $800,000 -Interest of 6% -Payments of $50,000 per month plus interest beginning September 30, 2020 - Maturity date xxxxx 31, 2021 -Signed on August 31, 2020 Round all amounts up to the next dollar. Requirements: 1 Prepare the entry to record the transaction and any year-end entries for NMW. Provide descriptions for the journal entries. Marks Available: 2 2 Prepare the entry to record the interest and principal payment on September 30, 2020 for NMW. Provide journal entry description for all transactions. Marks Available: 3 If Lapua Welding Ltd. had the same year end, record the entries from their perspective, with descriptions. Marks Available: 2 4 Who is the creditor and who is the debtor in the above transaction? Marks Available: 1