Question: Required information M10-6 (Static) Recording Notes Payable [LO 10-2] [The following information applies to the questions displayed below.] Greener Pastures Corporation borrowed $1,000,000 on November
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Required information M10-6 (Static) Recording Notes Payable [LO 10-2] [The following information applies to the questions displayed below.] Greener Pastures Corporation borrowed $1,000,000 on November 1, 2021. The note carried a 9 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 . 110-6 (Static) Part 2 2. Predare the journal entries related for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Greener Pastures Corporation borrowed $1,000,000 on November 1, 2021. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2022. Record the borrowing of $1,000,000. Fortet finter debys befone croditi. Required information M10-6 (Static) Recording Notes Payable [LO 10-2] [The following information applies to the questions displayed below.] Greener Pastures Corporation borrowed $1,000,000 on November 1, 2021. The note carried a 9 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. 110-6 (Static) Part 2 2. Preoare the journal entries related for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Greener Pastures Corporation borrowed $1,000,000 on November 1, 2021. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2022. Record the interest acerued on the notes payable. Wote: Enter debits before credis
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