Return to Blackboard US Weygandt, Accounting Principles, 13e Help I System Announcements Brief Exercise 11-02 Peralta Company borrows $60,000 on July 1 from the bank by signing a $60,000, 10 %, one-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (b) Prepare the journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented No. Date Account Titles and Explanation Debit Credit (a) July 1 Dec. 31 (b) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0