Exercise 13-2 The following are selected 2017 transactions of Ayayai Corporation. Sept. 1 Purchased inventory from Encino Company on account for $46,800. Ayayai records purchases gross and uses a periodic inventory system. Oct. 1 Issued a $46,800, 12-month, 8% note to Encino in payment of account. Oct. 1 Borrowed $46,800 from the Shore Bank by signing a 12-month, zero-interest-bearing $49,920 note. Prepare journal entries for the selected transactions above. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record entries in the order displayed in the problem statement.) Account Titles and Explanation Debit Date Credit October 1