Recording Entries for Zero-Interest-Bearing Note Payable On January 1, Landry Inc. issued a 3-year, $8,500, zero-interest-bearing note to Dillon LLP and received $7,137. The implied interest rate is 6% on this note transaction. Provide journal entries to be made by Landry at each of the following dates. a. January 1, for issuance of the note. b. December 31, for accrual of interest for the first year. Note: Round your answer to the nearest whole dollar. Date a. Jan. 1 b. Dec. 31 Account Name To record the issuance of the note. To record interest accrual. > > < < Dr. Cr.