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Greener Pastures Corporation borrowed $1,900,000 on November 1, 2015. The note carried a 12 percent interest rate with the principal and interest payable on June

Greener Pastures Corporation borrowed $1,900,000 on November 1, 2015. The note carried a 12 percent interest rate with the principal and interest payable on June 1, 2016. (a) The note issued on November 1. (b) The interest accrual on December 31. M10-6 Part 2 2. Prepare the journal entries related for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)

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