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Check my work 10 On November 1, 2021, Quantum Technology, a geothermal energy supplier, borrowed $22 million cash to fund a geological survey. The loan

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Check my work 10 On November 1, 2021, Quantum Technology, a geothermal energy supplier, borrowed $22 million cash to fund a geological survey. The loan was made by Nevada BancCorp under a noncommitted short-term line of credit arrangement. Quantum issued a nine-month, 9% promissory note. Interest was payable at maturity. Quantum's fiscal period is the calendar year. Skipped Required: 1. Prepare the journal entry for the issuance of the note by Quantum Technology 2. & 3. Prepare the appropriate adjusting entry for the note by Quantum on December 31, 2021 and journal entry for the payment of the note at maturity. (For all requirements, 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.) eBook View transaction list Hint Journal entry worksheet Record the issuance of the note by Quantum Technology. terences Note Enter debts before credits General Journal Debit Credit Date November 01 2021

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