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Required information

M$10-6($Algo$)$ Recording Notes Payable $[$LO $10-2]$

$[$The folrowing information applies to the questions displayed below.$]$

Greener Pastures Corporation borrowed $$1,650,000$ on November $1,2021.$ The note carried a $8$ percent interest rate with the principal and interest payable on June $1,2022.$

$($a$)$ The note issued on November $1.$

$($b$)$ The interest accrual on December $31.$

M$10-6($Algo$)$ Part $1$

Indicate the effects of the amounts for the above transactions. $($Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Do not round intermediate calculations.$)$

$\backslash$table$[[,$Assets,$=,$Liabilities,$+,$Stockholders' Equity$],[($a$),,=,.,+,],[($b$),,=,,+,$grad