Blue Blaze Company , whose fiscal year ends December 31,complete the following

transactions involving notes payable:

2013

Nov.25 Purchased a new loading cart by issuing a 60 day percent note for $43,200

Dec.31 Made the end of the year adjusting entry to accrue interested expense (Round to the nearest cent)

2014

Jan. 24 Paid off the loading cart note (Round to the nearest cent)

1. Prepare journal entries for Blue Blazes notes payable transactions.