Score: 7.19 of 10 pts 7 of 9 (6 complete) HW Score: 57.19%, 57.19 of 100 2 %E8-23 (similar to) Question Help On April 30, 2018, Nature Bank loaned $86,000 to Kim Phillips on a one-year, 12% note. Nature's fiscal year ends on December 31. Read the requirements Requirement 2. Which party has a a. note receivable Nature Bank b. note payable Kim Phillips c. interest revenue Nature Bank d. interest expense Kim Phillips Requirement 3. Suppose that Kim Phillips defaulted on the note. What entry would Nature record for the dishonored note? (Record debits first, then credits. Select the explanation on the last line of the journal entry table Prepare a single compound journal entry. Use months for interest calculations.) Date Accounts and Explanation Debit Credit 2019 Apr. 30 Com xt for Choose from any list or enter anymorin