View transaction list Journal entry worksheet 2 3 4 6 On October 1 of the current year, the company borrowed $8,400 from the local bank on a one-year, 13 percent note payable. The principal plus interest is payable at the end of 12 months. Note: Enter debits before credits. Transaction General Journal Debit Credit Interest expense interest payable 9 Clear entry View general journal Record entry References eBook& Resources