neu ACCOUNTING ter 8 Graded Homework Questions 3 -s (of 8 Save &Exit So Problem 8-2A Record notes payable and notes receivable (LO8-2) IThe following information applies to the questions displayed below) Precision Castparts, a manufecturer of processed engine parts in the automotive and sirine ndustries, bomows $394 milion cash on October 1,2018 to pride working capitelfor dxarion Precka e prearranged short derm ine of credit Interest on the note is pryable at maturiy, Each frm has a December 3t year end References Section Break Required information 125 points Problem 8-2A Part 1 Required 1. Prepare the jounal entries on October 1. 2018. to record the issuance of the note. (If no entry is required for a transact answers in dollars, not in millions (ie, $5.5 million should be entered as s ion/event, select "No journal entry required" in the first account fieild. Enter your 50000)) View transaction list 1.25 points 1 2018 Required Problem 8-2A Part 1 Required 1. Prepare the journal entries on Octobeir 1, 2018, to record the issuance of the note (If no entry is required for a transactionievent, select "Ne Journal entry required" in the finst account fed. Enter your answers in dollars, not in millions (Le., SS.5 milon should bo entered as s 500,000).) Journal entry worksheet Record the acceptance of the note by Midwest Bank Note: Enter debits before credts Date October 01, 2018 View general journal Recond entry Problem 8-2A Part 2 Chapter 8 Graded Homework S. value 1.25 points Problem 8-2A Part 3 3. Prepare the journal entries on September 30. 2019, to record payment of the notes payable at maturty (f no entry account field. Enter your answers in dollars, not in millions (0.e, $5.5 million should be entered as 5,s00,000)) required for a transactionlevent select "Ne journal entry mouiredr" in the forst Journal entry worksheet Record the repayment of the note at maturity for Precision Castparts Note: Enter debits before credits journal View general Record entry eBook References