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Bashe Company had the following transactions involving notes payable. Aug. 1,2019 Borrows $900,000 from Wushe Bank by signing a 6-month, 5% note. Dec. 31,2019 Prepares

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Bashe Company had the following transactions involving notes payable. Aug. 1,2019 Borrows $900,000 from Wushe Bank by signing a 6-month, 5% note. Dec. 31,2019 Prepares the adjusting entry. Feb. 1, 2020 Pays principal and interest to Wushe Bank. Instructions Prepare journal entries for each of the transactions

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