10 Homework Assignment i Required information The following information applies to the questions displayed below) Greener Pastures Corporation borrowed $1,050,000 on November 1, 2018. The note carried a 8 percent interest rate with the principal and interest payable on June 1, 2019 (a) The note issued on November (6) The interest accrual on December 31 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Do not round Intermediate calculations.) Assets Lias Stockholders'Equity (a) (D ! Required information [The following information applies to the questions displayed below) Greener Pastures Corporation borrowed $1,050,000 on November 1, 2018. The note carried a 8 percent interest rate with the principal and interest payable on June 1, 2019 (a) The note issued on November 1 (b) The Interest accrual on December 31 2. Prepare the journal entries related for the above transactions (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 Greener Pastures Corporation borrowed $1,050,000 on November 1, 2018. The note carried a 8 percent interest rate with the principal and interest payable on June 1, 2019. Record the interest accrued on the notes payable. Note: Enter debits before credits Gonorat Joumal Debit Credit Becombor 31 2015 Greener Pastures Corporation borrowed $1,050,000 on November 1, 2018 The note carried a 8 percent interest rate with the principal and interest pavable on June 1, 2019. Record the borrowing of $1,050,000. Note: Enter debits before credits Gental Journal Debit Credit Date November 01 2018