orting period. $($If no entry is required for a particular transaction$/$event$,$ select Journal Entry Required" in the first account field. Do not round intermediate culations. Enter your answers in dollars, not in millions. Round your answers to nearest dollar amount.$)$

Journal entry worksheet

$1$

$2$

Record the issuance of the notes.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$Nov $01,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

On November $1,$ Vacation Destinations borrows $$1\mathrm{.}58$ million and issues a six$-$month, $7\%$ note payable. Interest is payable at maturity. Record the issuance of the note and the appropriate adjusting entry for interest expense at December $31,$ the end of the reporting period. $($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. Enter your answers in dollars, not in millions. Round your answers to the nearest dollar amount.$)$

Journal entry worksheet

$1$

$2$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$Nov $01,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$