On August $1,2024,$ Trico Technologies, an aeronautic electronics company, borrows $$21$ million cash to expand operations. The loan is

made by FirstBanc Corporation under a short$-$term line of credit arrangement. Trico signs a six$-$month, $9\%$ promissory note. Interest is

payable at maturity. Trico's year$-$end is December $31.$

Required:

to $3.$ Record the necessary entries in the Journal Entry Worksheet below for Trico Technologies. $($If no entry is required for a

particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Enter your answers in dollars, not

millions $($i$.$e$.5\mathrm{.}5$ million should be entered as $5,500,000).)$

Journal entry worksheet

Record the adjusting entry for interest.

Note: Enter debits before credits.