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Required information [The following information applies fo the questions displayed below] Greener Pastures Corporation borrowed $1,400,000 on November 1, 2021. The note carried a 9

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Required information [The following information applies fo the questions displayed below] Greener Pastures Corporation borrowed $1,400,000 on November 1, 2021. The note carried a 9 percent interest fate with the principal and interest payable on June 1, 2022. (a) The note issued on November 1 (b) The interest ocerual on December 31 . 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Do not round intermediate calculations.)

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