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Brief Exercise 13-3 Takemoto Corporation borrowed $75,850 on November 1, 2014, by signing a $79,450, 3-month, zero-interest-bearing note. Prepare Takemoto's November 1, 2014, entry; the
Brief Exercise 13-3 Takemoto Corporation borrowed $75,850 on November 1, 2014, by signing a $79,450, 3-month, zero-interest-bearing note. Prepare Takemoto's November 1, 2014, entry; the December 31, 2014, annual adjusting entry; and the February 1, 2015, entry. (f no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit
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