QS 9-4 Interest-bearing note transactions LO P1 On November 7, 2017, Mura Company borrows $190,000 cash by signing a 90-day, 12% note payable with a face value of $190,000. (Use 360 days e year. Do not round your Intermedlate calculations.) .Compute the accrued Interest payable on December 31, 2017. Principal | x Rate (%) x Time Interest Total through maturity Year end interest accrual Interest recognized February 5 86 96 2. & 3. Prepare the journal entry to record the accrued interest expense at December 31, 2017 and payment of the note at maturity View transaction list Journal entry worksheet Record the accrued interest expense. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31. 2017