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On November 1, Year 1, a company borrows $54.000 cash from Community Savings and Loan. The company signs a three-month. note payable. Interest is payable

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On November 1, Year 1, a company borrows $54.000 cash from Community Savings and Loan. The company signs a three-month. note payable. Interest is payable at maturity. The company's year-end Is December 31 Required: 1-3. Record the necessary entries in the Journal Entry Worksheet below. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet View transaction list Journal entry worksheet

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