Brief Exercise 8-1 Record notes payable (LO8-2) On November 1, Bahama Cruise Lines borrows $2.7 million and issues a six-month, 9% note payable. Interest is payable at maturity. Record the issuance of the note and the appropriate adjustment for interest expense at December 31, the end of the reporting period. (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 (i.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet Record the issuance of the note. Note: Enter debits before credits. Date General Journal Debit Credit November 01 Record entry Clear entry View general journal View transaction list Journal entry worksheet