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WORK 0 Submitted On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.0 million cash to expand operations. The loan Is made by

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WORK 0 Submitted On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.0 million cash to expand operations. The loan Is made by FirstBlanc Corp. under a short-term line of credit arrangement. Trico signs a six-month, 8% promissory note. Interest is payable at maturity. Trico's year-end is December 31. Required: 1-3. Record the necessary entries in the Journal Entry Worksheet below for Trico Technologies. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (l.e.5 should be entered as 5,000,000).) ed No General Journal Debit Credit 1 Date August 01, 2021 Notes Receivable Cash XX 20,000,000 20,000,000 2 666,667 December 31, 202 Interest Receivable Interest Revenue 666,667 > 3 January 31, 2022 Cash 20,800,000 Interest Receivable Interest Revenue Notes Ropelvable Retinacas no response Spected in a cor a formule-taset concorrect, no ponts dedacted 666,867 133,333 20,000,000

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