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On November 1, 2021, Dual Systems borrows $250,000 to expand operations. Dual Systems signs a six-month, 9% promissory note. Interest is payable at maturity. Dual

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On November 1, 2021, Dual Systems borrows $250,000 to expand operations. Dual Systems signs a six-month, 9% promissory note. Interest is payable at maturity. Dual System's year-end is December 31. 1., 2.&3.Record the following transactions for the note payable by Dual Systems. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the issuance of the note by Dual Systems. Note: Enter debits before credits Date Debit Credit General Journal Nov 01, 2021 On November 1,2021. Dual Systems borrows $250,000 to expand operations. Dual Systems signs a six-month, 9% promissory note. Interest is payable at maturity. Dual System's year-end is December 31 1, 2.& 3. Record the following transactions for the note payable by Dual Systems. (f no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the appropriate adjusting entry for the note by Dual Systems on December 31, 2021 Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2021 On November 1, 2021, Dual Systems borrows $250,000 to expand operations. Dual Systems signs a six-month, 9% promissory note. Interest is payable at maturity. Dual System's year-end is December 31. 1., 2.&3. Record the following transactions for the note payable by Dual Systems. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the payment of the note by Dual Systems at maturity on April 30, 2022 Note: Enter debits before cred ts Date General Journal Debit Credit Apr 30, 2022

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