4. Accounts and Notes Payable The following are selected 2023 transactions of Parker Company. Nov 1 Purchased inventory on account for $800,000 from Seller Company. Parker uses the perpetual inventory method. Dec 1 Issued $800,000, 6-month, 8% note payable to Seller Company in payment of the November 1 accounts payable. Dec 1 Borrowed $464,000 from Second City Bank by issuing a 9-month, zero-interest bearing $500,000 note payable. Instructions: (a) Prepare journal entries for each of the transactions above. (b) Prepare adjusting journal entries at December 31, 2023, for the transactions above