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Check my wor On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $19.8 million cash to expand operations. The loan is made by

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Check my wor On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $19.8 million cash to expand operations. The loan is made by FirstBanc Corp. under a short-term line of credit arrangement. Trico signs a six-month, 8% promissory note. Interest is payable at maturity. FirstBanc Corp's year-end is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (ie. 5 should be entered as 5,000,000).) View transaction fist Journal entry worksheet 1 2 3 > Record the acceptance of note. Note: Enter debits before credits General Journal Debit Credit Date August 01. 2021 Che Journal entry worksheet Record the acceptance of note. Note: Enter dehits before credits General Journal Date August 01, 2021 Credit Debit 19,800,000 19,500,000 Record entry Clear entry View general Journal CH Journal entry worksheet 2 Record the adjusting for interest. Note: Enter debits before credits Date December 31, 2021 General Journal Dobit Credit Record entry Clear entry View general Journal Checkm Journal entry worksheet

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