Watunga County Bank agrees to lend Sunland Granite Company $611000 on January 1. Sunland Granite Company signs a $611000,8%, 9-month note. The entry made by Sunland Granite on January 1 to record the proceeds and issuance of the note is 611000 O Cash Notes Payable 611000 611000 36660 O Cash Interest Expense Notes Payable Interest Payable 611000 36660 Cash Interest Expense Notes Payable 611000 36660 647660 Interest Expense Cash Notes Payable 36660 574340 611000 Save for Later Attempts: 0 of 1 used Submit