Ontario Resources, a natural energy supplier, borrowed $80 million cash on November 1, 2024, to fund a geological survey The loar was made by Quebec Banque under a short-term financing arrangement. Ontario Resources issued a 9 -month, 12% promissory note with interest payable at maturity. Ontario Rescurces' fiscal period is the calendar year. Required: 1. Prepare the joumal entry for the issuance of the note by Ontario Resources 2. \& 3. Prepare the appropriate adjusting entry for the note by Ontario Resources on December 31, 2024 and journal entry for the payment of the note at maturity. Complete this question by entering your answers in the tabs below. Prepare the journal entry for the issuance of the note by Ontario Resources. Note: If no entry is requined for a transaction/event, select "No foumal entry required" in the firnt account field. Enter your answers in. whole dollars, not in millions