West County Bank agrees to lend Crane Company $412000 on January 1. Crane Company signs a $412000, 6%, 6-month note. The entry made by Crane Company on January 1 to record the proceeds and issuance of the note is O 412000 412000 Cash Notes Payable Interest Expense Cash Notes Payable 6180 405820 412000 Cash Interest Expense Notes Payable 412000 12360 424360 412000 12360 Cash Interest Expense Notes Payable Interest Payable 412000 12360