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3 On November 1, 2021. Aviation Training Corp borrows $60,000 cash from Community Savings and Loan Aviation Training signs a three-month, 7% note payable Interest

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3 On November 1, 2021. Aviation Training Corp borrows $60,000 cash from Community Savings and Loan Aviation Training signs a three-month, 7% note payable Interest is payable at maturity. Aviation's year-end is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld.) Book View transaction ist Journal entry worksheet 2 3 Record the issuance of note. Note Enter debits before credits General Journal Debit Credit Date November 01 2021 Record entry Clear entry View general journal

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