C.S. Swifty Company had these transactions involving notes payable.

July 1, 2022 Borrows $54,000 from First National Bank by signing a 9-month, 8% note.

Nov. 1, 2022 Borrows $62,800 from Lyon County State Bank by signing a 3-month, 6% note.

Dec. 31, 2022 Prepares adjusting entries.

Feb. 1, 2023 Pays principal and interest to Lyon County State Bank.

Apr. 1, 2023 Pays principal and interest to First National Bank.

Prepare journal entries for each of the transactions. ( Record journal entries in the order presented in the problem.)

Date /Account Titles and Explanation/ Debit