CH 08 HW 6 Help Save& Exit Submit Saved Check my work 3 Required information Part 3 of3 The following information applies to the questions displayed below. Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries borrows $40.1 million cash on October 1, 2021, to provide working capital for anticipated expansion. Precision signs a one-year, 9% promissory note to Midwest Bank under a prearranged short-term line of credit. Interest on the note is payable at maturity. Each firm has a December 31 year-end. 2.5 points eBock Print References 3. Prepare the journal entries on September 30, 2022, to record payment of the notes payable at maturity. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,o00) View transaction list Journal entry worksheet Record the repayment of the note at maturity for Precision Castparts CH 08 HW Saved Help Save & Exit Subm Check my work Required information View transaction list Part 3 of 3 Journal entry worksheet 2.5 points Record the receipt of cash at maturity for Midwest Bank eBook Print References Note: Enter debits before credits Date General Journal Debit Credit September 30, 2022 Record entry Clear entry View general journal