Duke Company had the following transactions involving notes payable.

Nov. 1, 2019 Borrows $150,000 from National State Bank by signing a 3-month, 10% note. Dec. 31, 2019 Prepares the necessary adjusting entries at year end. Feb. 1, 2020 Honors the note by paying principal and interest to National State Bank.

Duke Company uses the following chart of accounts: Mortgage Payable, Interest Expense, Notes Payable, Salaries and wages Payable, Taxes Payable, Interest Payable, Sales Tax Payable, Sales Revenue, Unearned Revenue, Cash

Instructions: Prepare journal entries for each of the transactions using the chart of accounts provided. Round your answers to the nearest whole number. Do not use commas, spaces or period. For a compound entry, write the debits/credits in descending order of magnitude.