2:07-11 Saved H } Eskimo Joe's, designer of the world's second best-selling T-shirt (Just behind Hard Rock Cafe), borrows $21 million cash on November 1, 2021. Eskimo Joe's signs a six-month. 7% promissory note to Stillwater National Bank under a prearranged short-term line of credit. Interest on the note is payable at maturity. Each firm has a December 31 year-end. Required: 1. Prepare the journal entries on November 1, 2021, to record the issuance of the note. (If no entry is required for a transaction/event. select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000.) ak View transaction list nces Journal entry worksheet 1 2 Record the issuance of the note to Eskimo Joe's. Note: Enter debits before credits General Journal Debit Credit Date November 01, 2021 2: 07-11 Swed 2. Record the adjustments on December 31, 2021, for (a) Eskimo Joe's and (b) Stillwater National Bank. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000.) 2 of 3 View transaction list Book Journal entry worksheet Print