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[The following information applies to the questions displayed below] Greener Pastures Corporation borrowed $1,450,000 on November 1, 2015. The note carried a 9 percent interest
[The following information applies to the questions displayed below] Greener Pastures Corporation borrowed $1,450,000 on November 1, 2015. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2016. (a) The note issued on November 1 (b) The interest accrual on December 31. References Section Break M10-6 Recording a Note Payable LO 10-2 value: Required info 4.54 points M10-6 Part 1 Indicate the effects of the amounts for the above transactions. (Enter any decreases to account balances with a minus sign. Do not round intermediate calculations.) 1. Assets Liabilities Stockholders' Equity
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