The Following Unadjusted Amounts Were Taken from a Company's Accounting

The following unadjusted amounts were taken from a company's accounting records at December 31,2013:
Note Payable,6%,4-month,dated December 1,2013,for $500,000
Note Receivable,12%,6-month,dated October 1,2013,for $400,000
A) Prepare any adjusting entries necessary at December 31,2013 , for the notes.
B) Fill in the partial balance sheet below by showingthe notes and the effects of any adjustments related to the notes $\begin{array}{|l|l|l|}\hline &\text { Current Assets} & \text { Current Liabilities} \\\hline \\\hline \\\hline \\\hline \\\hline \\\hline \end{array}$