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19. Ontario Resources, a natural energy suppler, borrowed $79.8 million cash on November 1, 2016, to funda survey. The loan was made by Quebec Banque

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19. Ontario Resources, a natural energy suppler, borrowed $79.8 million cash on November 1, 2016, to funda survey. The loan was made by Quebec Banque under a short-term financing arrangement O Resources issued a Am th 12% promissory note with interest payable at maturity. Ontario Resources' fiscal period is the calendar year 1. Prepare the jourmal entry for the issuance of the note by Ontario Resources. (Enter your answers In whole dollars. If no entry is required for a transactionlevent, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet Record the issuance of the note by Ontario Resources. Note: Enter debits before credits General Journal Debit Credit November 01, 2016 Record entry Clear entry View general journal 2. & 3 Propare the appropriate adjusting entry for the note by Ontario Resources on December 31, 2016 and jounal entry for the payment of the note at maturity (Enter your answers in whole dollars. It MacBook Air esc F3 FS

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