The company agrees to lend $550,000 to its supplier using a 12-month, 10% note. Required: Record the following transactions for a company: 1. The loan of $550,000 and acceptance of the note receivable on April 1, 2024. 2. The adjusting entry for accrued interest on December 31, 2024. 3. Cash collection of the note and interest on April 1, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet