5 Ontario Resources, a natural energy supplier, borrowed $81.0 million cash on November 1, 2024, to fund a geological survey. The loan was made by Quebec Banque under a short-term financing arrangement. Ontario Resources issued a 12-month, 10% promissory note with interest payable at maturity. Ontario Resources' fiscal period is the calendar year. Required: 1. Prepare the journal entry for the issuance of the note by Ontario Resources. 2. & 3. Prepare the appropriate adjusting entry for the note by Ontario Resources on December 31, 2024 and journal entry for the payment of the note at maturity. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Prepare the journal entry for the issuance of the note by Ontario Resources. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, not in millions. View transaction list Journal entry worksheet > 1 Record the issuance of the note by Ontario Resources. Note: Enter debits before credits. Date 11/01/2024 General Journal Debit Credit Record entry Clear entry View general journal > Req 1 Req 2 and 3 5 Prepare the appropriate adjusting entry for the note by Ontario Resources on December 31, 2024 and journal entry for the payment of the note at maturity. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, not in millions. View transaction list Journal entry worksheet 1 2 Record the adjusting entry for the note by Ontario Resources on December 31, 2024. Note: Enter debits before credits. Date 12/31/2024 General Journal Debit Credit Record entry Clear entry View general journal < Req 1 Req 2 and 3 > Show less 5 Req 1 Req 2 and 3 Prepare the appropriate adjusting entry for the note by Ontario Resources on December 31, 2024 and journal entry for the payment of the note at maturity. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, not in millions. Show less View transaction list Journal entry worksheet < 12 Record the the payment of the note at maturity. Note: Enter debits before credits. Date 11/01/2025 General Journal Debit Credit Record entry Clear entry View general journal < Req 1 Req 2 and 3 >