1. The entry to record the issuance of an interest-bearing note credits Notes Payable for the notescash realizable value.maturity value.market value.face value.2. Which one of the following would not be considered an expense of a partnership in determining income for the period?Freight-outSalary allowance to partnersSupplies usedExpired insurance3. Finney is admitted to a partnership with a 25% capital interest by a cash investment of $90000. If total capital of the partnership is $390000 before admitting Finney the bonus to Finney is$30000.$15000.$60000.$45000.4. Mary Jananes capital statement reveals that her drawings during the year were $50000.She made an additional capital investment of $25000 and her share of the net loss forthe year was $10000. Her ending capital balance was $200000. What was Mary Jananes beginning capital balance?$225000.$260000.$185000.$235000.