Entries for discounted note payable A business issued a 60-day note for $36,000 to a bank. The note was discounted at 7%. Assume a 360-day year. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Journalize the entry to record the issuance of the note. Record debits first, then credits. If an amount box does not require an entry, leave it blank. Round your answers to the nearest dollar Account Debit Credit b. Journalize the entry to record the payment of the note at maturity. Record debits first, then credits. If an amount box does not require an entry, leave it blank. Round your answers to the nearest dollar Account Debit Credit DATA 3 Principal amount of note Nole discount rate 7 Term of note days Number of days per year 336,000 79 60 360 Joumalize the entry to record the transactions Select the corresponding accounts in the dropdowns in celis A13A15, A18 A19 Using formulas and cell references, perform the required analysis, and input your answers into the Debitor Credit columns respectively. If an amount box does not require an entry, love it blank Transfer the numeric results for 10 the green entry cells (C13015, C18D19) into the appropriate fields in CNOWV2 for grading 11 12 a Account Debit Credit Formulas 13 14 15 16 17 Account Debit Credit Formulas 18 TE