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A8 Saved A-8 1 Exercise 8-2A Record notes payable (LO8-2) On November 1, 2021, Aviation Training Corp. borrows $54,000 cash from Community Savings and Loan.

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Saved A-8 1 Exercise 8-2A Record notes payable (LO8-2) On November 1, 2021, Aviation Training Corp. borrows $54,000 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. 1.28 points 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 field.) eBook View transaction list View journal entry worksheet Hint Credit Debit General Journal Date No 54,000 November 01, 2021 Cash 1 Print 54,000 Notes Payable December 31, 2021 Interest Expense References

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