plz help On August 1, 2024, Trico Technologies, an aeronoutic electronics company,...
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On August 1, 2024, Trico Technologies, an aeronoutic electronics company, borrows 520.7 million cash to expand operations, The ican is made by FirstBanc Corporabion 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 doillars, not militions (l.e. 5.5 million should be entered as 5,500,000 ).) Record the issuance of note. Record the adjusting entry for interest. 3. Pecord the repayment of the note and payment of interest at maturity
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