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QRS Company lends $3,000 to TUV, Inc. The two companies sign a contract stating that TUV will pay the $3,000 principal back January 18, 2020,

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QRS Company lends $3,000 to TUV, Inc. The two companies sign a contract stating that TUV will pay the $3,000 principal back January 18, 2020, the maturity date. The contract also states a 6-month term and a 4% annual interest rate. Draw a timeline if you find it helpful. Record the Notes Receivable and related journal entries on QRS's books. Include the dates. . I don't know how the formatting of the journal entry will look on my end when it's time to grade so please ensure debits are listed above credits (this is always how we do it, but just a reminder)

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