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Question 3 On September 1, 2020, Noodle Dog Food Ltd. loaned $125,000 on a one year (due September 1, 2021), 3% note to Turkey Cat

Question 3 On September 1, 2020, Noodle Dog Food Ltd. loaned $125,000 on a one year (due September 1, 2021), 3% note to Turkey Cat Food Corp. Noodle Dog Food's year end is Mar 31. Required Using the template below, prepare the journal entries for Noodle Dog Food Ltd. to recognize the note, interest accrual and payment of the note from Turkey Cat Food Corp. Explanations are not required DATE ACCOUNT DEBIT CREDIT

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