Question: Required information M10-6 Recording a Note Payable [LO 10-2) The following information applies to the questions displayed below) Greener Pastures Corporation borrowed $1150,000 on November
Required information M10-6 Recording a Note Payable [LO 10-2) The following information applies to the questions displayed below) Greener Pastures Corporation borrowed $1150,000 on November 1, 2018. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2019 (a) The note issued on November 1 (6) The interest accrual on December 31 M10-6 Part 2 2. Prepare the journal entries related for the above transactions of no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)
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