During 2024, Pronghom Co, borrowed eath from Wildhorse Company by issuing notes payable as follown: 1. June 1, 2024, issued an eight-month 5% note for $88,800. Interest and principal are payable at maturity. 2. October 1,2024. Issued a three-month, 83i note for 333,600 . Interest is payable monthly on the frat day of the month. Principal is paryable at maturity. Pronghom has a November 30 fiscal year end and prepares adjusting entries on an annual basis. (a) Your anwwer is correct. Prepare ail necessary journal entries for Pronghorn to record the notes. (Credit account titles are automotically indented when amount is entered. Do not indent manually tf no entry io required, select "No Entry" for the account tities and enter o for the amounts. Record joumal entries in the order presented in the problem List oll debit entries before credit entries) Prepare all necessary interest payment transactions for Pronghom in 2024 and 2025 . Prepare separate adjusting entries for each note. (Credit account titles are outomatically indented when amount is entered. Do not indent monually If no entry is required, select "No Entry' for the arewint titles and ankenders. (Pay principal and interest on note issued June y aume