Saved Help Save & EXIE 9 - Homework Check my" Required information The following information applies to the questions displayed below.] On January 1, 2021, Strato Corporation borrowed $2 million from a local bank to construct a new building over the next three years. The loan will be paid back in three equal installments of $776,067 on December 31 of each year. The payments include interest at a rate of 8%. Required: Record the cash received when the note is issued. (If no entry is required for a particular transaction/event, select "No Journal E Required" in the first account field. Enter your answer in dollars, not millions. (i.e., $5.5 million should be entered as 5,500,000 View transaction list Journal entry worksheet 1 Record the receipt of cash from the issue of note payable. Note: Enter debits before credits Account Title Debit Credit Date January 01, 2021 O Journal entry worksheet