Required Information Problem 8-2A Record notes payable and notes receivable (LO8-2) [The following information applies to the questions displayed below) Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries, borrows $40.4 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. Problem 8-2A Part 1 Required: 1. Prepare the journal entries on October 1, 2021, to record the issuance of the note. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account fleld. Enter your answers in dollars, not in millions. For example, $5.3 million should be entered as 5,500,000.) View transaction list Journal entry worksheet Record the repayment of the note at maturity for Precision Castparts. Note: Enter debits before credits Date General Journal Debit Credit September 30, 2022 View general journal Record entry Clear entry