On November 1, 2018, Aviation Training Corp. borrows $46,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviations year-end is December 31.Required: 1., 2. & 3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal Entry Worksheet

Record the issuance of note.

Record the adjustment for interest.

Record the repayment of the note at maturity.

Date

General Journal

Debit

Credit

November 01, 2018

*Enter debits before credits