4 (of 6) M10-6 Recording a Note Payable [LO 10-2] [The following information applies to...

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4 (of 6) M10-6 Recording a Note Payable [LO 10-2] [The following information applies to the questions displayed below) Greener Pastures Corporation borrowed $1,650,000 on November 1, 2015. The note carried a 8 percent Interest rate with the principal and interest payable on June 1, 2016. (a) The note issued on November 1. (b) The interest accrual on December 31. References M10-6 Recording a Note Payable [LO 10 2] Section Break

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