Prepare necessary journal entry on December 

and when paid

Indicate the maturity date

Round to whole dollars and SHOW YOUR WORK

Received $$36,000\mathrm{}$

$90$ day Note Receivable on $11/17/23$

Face Amount $ $36,000$

Interest Rate $4\%$ On a $360$ day basis

Close quarterly on December $31$

Interest paid after $90$ days