Problems 1. On December 31, 2016, Green Company finished exchange a 5% promissory note from, and due date of December 31, 2018. Orange typically Green has a sound credit history and has various lines of credit at receivable at the end of each year. consultation services and accepted in Orange Company, with a face value of $800,000, borrowed funds at a rate of 10%. 6%. Interest is Instructions Write the journal entry or entries to be recorded by Green Company on December 31 2016, December 31 2017 and December 31 2018