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Jung & Newbicalm Advertising (JNA) recently hired a new creative director, Howard Rachell, for its Madison Avenue office in New York, To persuade Howard to move from San Francisco, JNA agreed to advance him $110,000 on April 30, 2018, on a one-year, 10 percent note, with interest payments required on October 31, 2018, and April 30, 2019. JNA issues quarterly financial statements on March 31, June 30, September 30, and December 31 Prepare journal entries to record the note's issuance, interest earned, and interest payments received for each quarter and on each payment date. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to whole dollar amount) Prepare journal entries to record the note's issuance, interest earned, a payment date. (If no entry is required for a transaction/event, select " round intermediate calculations. Round your final answers to whole d View transaction list View journal entry worksheet X Record the receipt of a note on April 30, 2018 for a $110,000 loan to the new creative director. Record the interest accrued on the note as of June 30, 2018. 3 Record the interest accrued on the note as of September 30, 2018 Record the receipt of interest for the period ending October 31, 2018. Record the interest accrued on the note as of December 31, 2018 Note : Dornrd the interact arried on the nata senf March 21 journal entry has been entered 6 Mar 31, 2019 Interest Receivable Interest Revenue 7 Apr 30, 2019 Cash Internet Danskala

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