Homework i North Face is one of the world's most popular outdoor apparel companies. Assume that North Face borrows $2 million from U.S. Bank and signs a note promising to pay back the $2 million in nine months, at which time North Face also will pay any accrued interest. The interest rate on the note is 8%. Required: 1. Prepare the journal entry North Face will record when it signs the note and receives the cash. (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 not in millions (i.e., 1,000,000 not 1.0).) View transaction list Journal entry worksheet Record the nine-month note with an interest rate of 8% Note: Enter debits before credits General Journal Debit Credit Transaction 01 Record entry Clear entry View general journal