Submit On August 1, 2018, Trico Technologies, an aeronautic electronics company, borrows $20.7 million cash to expand operations. The loan is made by FirstBanc Corp. under a short-term line of credit arrangement. Trico signs a six-month, 9% promissory note. Interest is payable at maturity. FirstBanc Corp's year-end is December 31, Required: 1., 2.8 3. Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet 1 2 3 Record the acceptance of note. Note: Enter debits before credits General Journal Date August 01, 2018 Debit Credit Record entry Clear entry View general Journal Submit On August 1, 2018, Trico Technologies, an aeronautic electronics company, borrows $20.7 million cash to expand operations. The loan is made by FirstBanc Corp. under a short-term line of credit arrangement. Trico signs a six-month, 9% promissory note. Interest is payable at maturity. FirstBanc Corp's year-end is December 31. Required: 1., 2.8 3. Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions i.e.5 should be entered as 5,000,000).) Vlow transaction list Journal entry worksheet 1 2 3 Record the adjustment for interest. Note: Enter debits before credits Date December 31, 2018 General Journal Debit Credit Record entry Clear entry View general Journal On August 1, 2018, Trico Technologies, an aeronautic electronics company, borrows $20.7 million cash to expand operations. The loan is made by FirstBanc Corp. under a short-term line of credit arrangement. Trico signs a six-month, 9% promissory note. Interest is payable at maturity. FirstBanc Corp's year-end is December 31 Required: 1., 2.& 3. Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions (.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet 2 Record the receipt of cash at maturity. Note: Enter debits before credits General Journal Debit Date January 31, 2019 Credit Record entry Clear entry View general Journal