ato numewUIAGO) Problem 8-2B Record notes payable and notes receivable (LO8-2) [The following information applies to the questions displayed below) of 3 Eskimo Joe's, designer of the world's second best-selling T-shirt (just behind Hard Rock Cafe), borrows $207 million cash on November 1, 2021. Eskimo Joe's signs a six-month, 7% promissory note to Stillwater 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. Problem 8-2B Part 1 Book Required: 1. Prepare the journal entries on November 1, 2021, to record the issuance of the note. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000.) Print View transaction list erences Journal entry worksheet Record the issuance of the note to Eskimo Joe's. Note Enter debits before credits Date General Journal Debit Credit November 01.2021 Required information Problem 8-2B Record notes payable and notes receivable (LO8-2) [The following information applies to the questions displayed below.) Eskimo Joe's, designer of the world's second best-selling T-shirt (just behind Hard Rock Cafe), borrows $20.7 million cash on November 1, 2021. Eskimo Joe's signs a six-month, 7% promissory note to Stilwater 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. Problem 8-2B Part 2 2. Record the adjustments on December 31, 2021, for (a) Eskimo Joe's and (b) Stillwater National Bank (Co not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000.) View transaction list Journal entry worksheet Record the adjusting entry for Interest for Eskimo Joe's. Note: Enter debits before credits Credit Date General Journal December 31, 2021 Interest Expense Interest Payable Debit 24.150 24.150