TUV Company lends $40,000 to WXY, Inc. The two companies sign a contract stating that WXY will pay the $40.000 principal back to TUV on November 30th, the maturity date. The contract also states a 5-month term and a 6% annual interest rate. Draw a timeline if you find it helpful. Record the Notes Receivable and related journal entries on TUV's books. Include the dates. I don't know how the formatting of the journal entry will look on my end when it's time to grade so please ensure debits are listed above credits (this is always how we do it, but just a reminder)