Current Attempt in Progress

On December $1,$ Cheyenne Furniture Corporation borrowed $$8,800$ on a $90-$day, $15\%$ note. Prepare the entries to record the issuance

of the note, the accrual of interest at year end, and the payment of the note. $($Credit account titles are automatically indented when the

amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record

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