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im having trouble finding interest payable, and putting it into a jornal entry. thank you for your helo have a great rest of the day!

im having trouble finding interest payable, and putting it into a jornal entry. thank you for your helo have a great rest of the day! image text in transcribed
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Required Information M10-6 Recording a Note Payable [LO 10-21 [The following information applies to the questions displayed below) Greener Pastures Corporation borrowed $100,000 on November 1, 2018. The note carried a 9 percent interest rate with the principal and Interest payable on June 1, 2019 (a The note Issued on November 1 (5) The Interest accrual on December 31. M10-6 Part 1 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Do not round Intermediate calculations.) Answer is not complete. Stockholders' Equity rest Expense 1,100,000 Notes Payable short-term tres Povable 1.100.000 90.000 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.) View transaction at Greener Pastures Corporation borrowed $1,100,000 on November 1, 2018. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2019. Record the borrowing of $1,100,000. Greener Pastures Corporation borrowed $1,100,000 on November 1, 2018. The note carried a 9 percent interest rate with the principal and interest payable on June 1. 2019. Record the interest accrued on the notes payable. Credit Note : = journal entry has been entered Viewe g eral Journal Record entry Clear entry

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