Tree Top Company's Anna and Zander Wallace are continuing their analysis of the company's position and believe the company will need to borrow $$12,000$ in order to expand operations. They consult Woodland Bank and secure a $12\%,$ one$-$year note on September $1,2019,$ with interest due at maturity. Additionally, the company hires an employee, Jim Varny, on September $1.$ Jim will receive a salary of $$1,500$ per month. Payroll deductions include federal income tax at $20\%,O$ ASDI at $6\mathrm{.}2\%,$ Medicare at $1\mathrm{.}45\%,$ and monthly health insurance premium of $$170.$ The company will incur matching FICA taxes, FUTA tax at $0\mathrm{.}6\%,$ and SUTA tax at $5\mathrm{.}4\%.$ Round calculations to two decimals. Omit explanations on journal entries.

Read the requirements.

Requirement $1.$ Record the issuance of the $$12,000$ note payable on September $1,2019.($Record debits first, then credits. Exclude explanations from any journal entries.$)$

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[2019],[$Sep$.1],[,$ars,,$],[,,,],[,,,]]$