Exercise 8-3 (Algo) Record notes payable (LO8-2) On August 1, 2024, Trico Technologies, an aeronautic electronics company, borrows $20.4 million cash to expand operations. The loan is made by FirstBanc Corporation under a short-term line of credit arrangement. Trico signs a six-month, 9% promissory note. Interest is payable at maturity. Trico's year-end is December 31. Required: 1. to 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 millions (i.e. 5.5 million should be entered as 5,500,000).) View transaction list Journal entry worksheet < 1 2 3 Record the repayment of the note and payment of interest at maturity. Note: Enter debits before credits. Date Jonu 21.2005 General Journal Debit Credit > Journal entry worksheet 1 2 3 Record the issuance of note. Note: Enter debits before credits. Date August 01, 2024 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet > 1 2 3 Record the adjusting entry for interest. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 Record the repayment of the note and payment of interest at maturity. Note: Enter debits before credits. Date January 31, 2025 General Journal Debit Credit Record entry Clear entry View general journal