Greener Pastures Corporation borrowed 51600000 en November 1, 2021 The note canieda 12 percert interequate wien the principat and interest payable on Jane 1, 2022 (w) The note issued on November 1 (b) The interest accual on Decenber 34 1. Indicate the effects of the amoums for the above transbctions, (Enter any decteswes to asteta, liobinties, of atockhelders equity. with a minus sign. Do not round intermediste colculbtions) [The following infornation apples to the cuestions disployed Beion? Gueener Pastures Cocporation borrowed $1,600.000 on Nowember 1, 202. The note camed a 12. percees interest iate With the princlpal and interest paybble on dune 1,2022. (d) The note issued on Novenber 1 (b) The interest accruat on December 31 2. Prepare the journsl entries tetaled for the above transuctions. oit no entry is required for o utansectionievwit, select "No Jouerigl Entry Required" in the first occount field, Do mot round intermedi ate celculofiens? Journal entry worksheet. Journal entry worksheet Greener Pastures Corporation borrowed $1,600,000 on November 1, 2021. The note carried a 12 percent interest rate with the principal an] interest payable on June 1,2022 . Record the borrowing of $1,600,000. Note: Enter debits before credits. 2. Prepare the journal entries related for the above transactions. (If no entry is required for a tronsaction/event, select "No Journol Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Greener Pastures Corporation borrowed $1,600,000 on November 1, 2021 . The note carried a 12 percent interest rate with the principal and interest payable on June 1, 2022. Record the interest accrued on the notes payable. Hotes Enter debits before credits