Zero Coupon Note Instructions Chart Of Accounts General Journal Instructions Crafty Cave Products borrowed $200,000 cath by issuing a 48-month, 5246,660 zero coupon note on January 1, 2024 The note matures on December 31, 2027 4 Required: 1. Prepare the entry to recognize the issuance of the note 2. Prepare the adjustments to recognise 2025 and 2026 interest 3. Prepare the entry to recognize 2027 interest and repayment of the note at maturity Chart Of Accounts CHART OF ACCOUNTS Crafty Cave Products General Ledger ASSETS REVENUE 111 Cash 411 Sales Revenue 112 Petty Cash 412 Service Revenue 121 Accounts Receivable 413 Interest Income 121.1 Allowance for Doubtful Accounts 123 Supplies EXPENSES 124 Prepaid Insurance 511 Cost of Goods Sold 125 Prepaid Rent 512 Advertising Expense 126 Inventory 513 Supplies Expense 127 Notes Receivable 514 Utilities Expense 128 Interest Receivable 515 Rent Expense 130 Investment 516 Insurance Expense 131 Land 517 Repairs and Maintenance Expense 132 Buildings 521 Wages Expense 133 Equipment 531 Interest Expense 134 Furniture 532 Depreciation Expense 134 Furniture 532 Depreciation Expense 135 Trucks 533 Income Taxes Expense 139 Accumulated Depreciation 141 Leased Assets LIABILITIES 211 Accounts Payable 213 Insurance Payable 214 Wages Payable 215 Utilities Payable 216 Interest Payable 217 Income Taxes Payable 218 Rent Payable 219 Uneared Service Revenue 220 Unearned Rent Revenue 222 Lease Liability 230 Deferred Tax Liability 231 Bonds Payable 231.1 Discount on Bonds Payable 231.2 Premium on Bonds Payable 232 Notes Payable 232 Notes Payable 232.1 Discount on Notes Payable 232.2 Premium on Notes Payable EQUITY 311 Common Stock 321 Retained Earnings 331 Dividends General Journal General Journal Instructions 1. Prepare the entry to recognize the issuance of the note on January 1