Question: 80 Exercise 8-2 (Algo) Record notes payable (LO8-2) On November 1, 2024, Backpacking Training Corporation borrows $59,000 cash from Community Savings and Loan. Backpacking Training

80 Exercise 8-2 (Algo) Record notes payable (LO8-2) On November 1, 2024, Backpacking Training Corporation borrows $59,000 cash from Community Savings and Loan. Backpacking Training signs a three-month, 6% note payable. Interest is payable at maturity. Backpacking's year-end is December 31. Required: 1. to 3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the issuance of note. Note: Enter debits before credits. Date November 01, 2024 General Journal Debit Credit Record entry Clear entry View general journal Next >

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