please explain as best as you can

Required information [The following information applies to the questions cisplayed beiow] Gteener Pastures Corporation borrowed $1,000,000 on November 1, 2021. The note carned a 9 percent interest rate with the principal and interest payable on June 1,2022 The note issued on November 1 (b) The interest accrual on December 31 . 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to ossets, Hobilities, or atockholders equity with a minus sign. Do not round intermedlate caleulations.) Required Information [The following information applies to the questions dispiayed below] Greener Pastures Corporation borrowed $1,000,000 on November 1,2021. The note carried a 9 percent interest rate with the principal and interest payable on June 1,2022 (b) The note issued on November 1 . (b) The interest accrual on December 31. Prepare the journal entries related for the above transactions, of no entry is required for a transaction/event, select "No journal entry required" in the first occount field. Do not round intermedlate calculations.) Journal entry worksheet Greener Pastures Corporation borrowed \$1,000,000 on November 1, 2021. The note carried a 9 percent interest rate with the principal and interest pryable on lune 1, 2022. Record the borrowing of $1,000,000. Notei Feter debits before credis. Required Information [The following information applies to the questions clisplayed below] Greener Pastures Corporation borrowed $1,000.000 on November 1,2021. The note carried a 9 percent interest rate with the principal and interest payable on June 1,2022. (a) The note issued on November 1. (b) The interest accrual on December 31 . 2. Prepare the journal entries related for the above transactions. (If no entry is required for a transactlon/event, select "No journel entry required" In the first occount fleld. Do not round intermedlate calculations.) Journal entry worksheet