On March 1, of the current year the Caldwell Company negotiated a, 12%, 1-year, $100,000 note with Low Mountain Savings and Loan.

On March 1, of the current year the Caldwell Company negotiated a, 12%, 1-year, $100,000 note with Low Mountain Savings and Loan.

Show the effects on the accounting equation, by account title:

Assets            =        Liab.       +       Equity

1. at the origination of the loan.

2.     to record year-end interest.

3.     at the maturity of the note.