Aerospace Engineering borrows $20.4 million cash on November 1, 2024 Aerospace Engineering signs a six-month, 7% promissory note to First 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, 2024, to record (a) the notes payable for Aerospace Engineering and (b) the notes receivable for First National Bank