pril 1, 2018 Rapco Cable Company borrows $100,000 from Frazer River k by signing a 12 month, 8%, interest-bearing note. The loan including 12 months of interest is due one year later on April1, 2019. Required Prepare the necessary entries below associated with the note payable on the books of Rapco Cable Company. Prepare the entry on April 1 when the note was issued. (b) Prepare any adjusting entries necessary on December 31, 2018 in order to prepare the annual financial statements. Assume no other interest accrual entries have been made. (a) (c) Prepare the entry to record payment of the note on April 1, 2019