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C.S. Wildhorse Company had the following transactions involving notes payable. July 1, 2025 Borrows $97,950 from First National Bank by signing a 9-month, 8% note.

C.S. Wildhorse Company had the following transactions involving notes payable.

July 1, 2025

Borrows $97,950 from First National Bank by signing a 9-month, 8% note.

Nov. 1, 2025

Borrows $101,000 from Lyon County State Bank by signing a 3-month, 6% note.

Dec. 31, 2025

Prepares adjusting entries.

Feb. 1, 2026

Pays principal and interest to Lyon County State Bank.

Apr. 1, 2026

Pays principal and interest to First National Bank.

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Prepare journal entries for each of the transactions, (Uist ail debit enthes before credit entries. Credit account tities are cutomatically indented when amount is entered. Do not indent manually. If no entrv is required, select "No Entry" for the occount titles and enter O for the umounts. Record journal entries in the order presented in the problem) (To record accrual of interest from First National Bank) December 3t, 2025 - (To record accrual of interest from Lyon County State Bank) Febriap 1.2026 Apoli 1.2026

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