On November 1, 2021, Quantum Technology, a geothermal energy supplier, borrowed $4 million cash to fund a geological survey. The loan was made by Nevada BancCorp under a noncommitted short-term line of credit arrangement. Quantum issued a nine-month, 9% promissory note. Interest was payable at maturity. Quantum’s fiscal period is the calendar year. Required: 1. Prepare the journal entry for the issuance of the note by Quantum Technology.2. Prepare the appropriate adjusting entry for the note by Quantum on December 31, 2021 and journal entry for the payment of the note at maturity. No Date General Journal Credit Debit 1 November 01, 202 Cash 5,000,000 Notes payable 5.000.000 2 December 31, 202 Interest expense 50.000 Interest payable 50.000 3 July 31, 2022 Notes payable 5.000.000 Interest payable 5,000,000

Laurie purchased an entertainment armoire from a national chain furniture retailer. unfortunately, one of the doors did not operate properly, so she called the retailer to complain. a service representative was sent out to adjust the door, but just a few weeks later, the problem reoccurred, so laurie called again and asked for a new armoire. the store manager said that another service rep would have to come out to determine if it was due to a manufacturer's defect before it could be replaced. because the service representative failed to show up, the manager decided to offer laurie a new armoire. unfortunately the replacement had the same problem and laurie demanded her money back. now she tells everyone she knows the problems she's had with this retailer. which value most likely underlies laurie's complaining behavior