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C.S. Bramble Company had these transactions involving notes payable. July 1, 2022 Nov. 1,2022 Dec. 31, 2022 Feb. 1, 2023 Apr. 1, 2023 Borrows $50,000

image text in transcribed C.S. Bramble Company had these transactions involving notes payable. July 1, 2022 Nov. 1,2022 Dec. 31, 2022 Feb. 1, 2023 Apr. 1, 2023 Borrows $50,000 from First National Bank by signing a 9-month, 8% note. Borrows $61,600 from Lyon County State Bank by signing a 3-month, 6% note. Prepares adjusting entries. Pays principal and interest to Lyon County State Bank. Pays principal and interest to First National Bank. Prepare journal entries for each of the transactions. (Credit account titles are automatically indented manually. Record journal entries in the order presented in the problem.)

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