28 Complete journal entries

Required information The following information apples to the guestions displayed beliow] Greener Pastures Corporation bocrowed $1,450,000 on November 1,202t. The nate carried a 9 percent interest rate with the princleal and interest payable on June 1,2022 (a) The nete issued on Novenber 1 (b) The interest accrual on December 3 ! 1. Indicate the effects of the amounts for the above bancactoon (Enter any decreases to nsets, linbilities, or stockholders equity with o minus sign. Do not round intermediate caiculotions.) Required informotion The following information applies to the questions displayed below] Greener Pastutes Corporation borrowed $1,450,000 on November 1,2021. The note carried a 9 percent interest rate with the principal and interest payable on June 1,2022. (a) The note issued on November 1 (b) The interest accruat on December 31 2. Prepare the journal entries related for the above transactions (If no entry is required for a transoction/event, select "No Journal Entry Required" in the first occount field. Do not round intermediate calculations.) Journal entry worksheet 2 Greener Pastures Corporation borrowed $1,450,000 on November 1, 2021. The note carried a 9 percent interest rate with the principal and interest payable on sune 1, 2022. Aeceord the berrewing of 51,450,000. Vinctes fonter debits before-credits. Journal entry worksheet Greener Pastures Corporation borrowed $1,450,000 on November 1, 2021. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2022. Record the interest accrued on the notes payable. Note: Enter debits before credits