Teal Mountain Inc. borrows $67,600 from Sandhill Co. on July 1, 2021 signing a 5%, one-year note payable. Interest is to be paid at maturity. (a) Prepare journal entry for Teal Mountain Inc. to record the receipt of the proceeds of the note. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation July 1, Debit Credit