C$.$S$.$ Waterway Company had these transactions involving notes payable.

July $1,2027$

Borrows $$55,000$ from First National Bank by signing a $9-$month, $8\%$ note.

Nov. $1,2027$

Borrows $$64,800$ from Lyon County State Bank by signing a $3-$month, $6\%$ note.

Dec. $31,2027$ Prepares adjusting entries.

Feb. $1,2028$

Pays principal and interest to Lyon County State Bank.

Apr. $1,2028$

Pays principal and interest to First National Bank.

Prepare journal entries for each of the transactions. $($If no entry is required, select $"$No entry" for the account titles and enter O for the

amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order

presented in the problem. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Cash

Notes Payable

Cash

Interest Expense

$($Adjusting entry for First National Bank note.$)$

Anterest Expense

Debit

Credit