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Please help! On November 1. Vacation Destinations borrows $1.57 million and issues a six-month, 7% note payable. Interest is payable at maturity Record the issuance

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On November 1. Vacation Destinations borrows $1.57 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 tronsaction/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.) View transaction list Journal entry worksheet 1 2 Record the issuance of the notes Note: Enter debits before credits Date General Journal Debit Credit Nov 01 Record entry Clear entry View general joumal View transaction list Journal entry worksheet Record the adjusting for interest. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal Record the issuance of notes payable. Note: ter debits before credits General Journal Debit Credit Date Sop 01, 2021 16 Next > Journal entry worksheet Record the payment of the note at maturity. Note: Enter debits before credits. Date General Journal Debit Credit Mar 01, 2022 Record entry Clear entry View general journal 15 of 25

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