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On August 1 2021. Trico Technologies, an aeronautic electronics company, borrows $19.5 million cash to expand operations. The loan is made by FirstBanc Corp. under

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On August 1 2021. Trico Technologies, an aeronautic electronics company, borrows $19.5 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, 8% promissory note. Interest is payable at maturity. FirstBanc Corp.'s year-end is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp. (If no entry is required for a particular transactionevent, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (l.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet 1 2 3 Record the acceptance of note. Note: Enter debits before credits Date August 01, 2021 General Journal Debit Credit Clear entry View general al View transaction list Journal entry worksheet Record the adjusting for interest. Note: Enter debits before credits. Date December 31, 2021 General Journal Debit Record entry Clear entry View ge

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