On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $19.0 million cash to expand operations. The loan is made by FirstBanc Corp. under a short-term line of credit arrangement. Trico signs a six-month, 9% promissory note. Interest is payable at maturity. FirstBanc Corp.'s year-end is December 31.

Required:

1.-3.Record the necessary entriesin the Journal Entry Worksheet below for FirstBanc Corp.(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 in millions (i.e. 5 should be entered as 5,000,000).)

record:

acceptance of note

adjusting for interest

receipt of cash at maturity