Taylor Bank tends Guarantee Company $117,100 on January 1, Guarantee Company signs a 5117,100,0%, nine month note. The entry made by Guarantee Company on January 1 to record the proceeds and uance of the note is OR Cash 117,100 Notes Payable 117,100 OB Interest Expense Cash Notes Payable 7,026 110,074 117,100 O. Cash Interest Expense Notes Payable 124, 126 7,020 117.100 Cash Interest Expense Notes Payable Interest Payable 127,639 7,026 117.100 3,513