Prepare the journal entries (you are the bookkeeper for the Company) to record each transaction:Round to two decimal places.

a. March 31, 2017 The company offered a note receivable to a customer who could not pay their account and asked to sign a note. The company offered a 1-year note, in the amount of $14,000 to be paid off in 1 year with a rate of 4.5%. the customer signed the note.

b.

December 31, 2017 Prepare the journal entry for the end of the year.

c.

March 31, 2018 Prepare the journal entry to record the payment from the customer (principal and interest).