Skysong Enterprises borrows $$64,800$ from Sheridan Company on July $1,2024,$ signing a $8\%,$

one$-$year note payable. Interest is to be paid at maturity.

Prepare the journal entry for Skysong Enterprises to record the receipt of the proceeds of

the note.

Prepare the journal entry for Skysong Enterprises to record the accrued interest at

December $31,$ assuming adjusting entries are made only at year end.

Prepare the journal entry for Skysong Enterprises to record the payment of the note at

maturity.