Question 10 Take me to the text Partially correct Mark 8.00 out of 16.00 P Flag question On February 1, 2020, Great Things Company accepted a six-month note receivable as an extension of time for a balance of $11,000 owing from Climbing Company. The note has an annual interest rate of 4%. Great Things Company has a June 30 year end. Required a) Prepare the journal entry for Great Things Company when the note is signed. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit Feb 1 Notes Receivable 146.66 X Accounts Receivable To convert accounts receivable to a note receivable b) Prepare the journal entry for the year-end adjustment. Round your answers to 2 decimal places. Date Account Title and Explanation Debit Credit Jun 30 Interest Receivable Interest Revenue To accrue interest at year end c) Climbing Company honored the note. Prepare the journal entry upon payment. Round your answers to 2 decimal places, Enter credit entries in alphabetical order. Date Account Title and Explanation Debit Credit Aug 1 Cash Interest Receivable Interest Revenue Notes Receivable + To receive note at maturity Check