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Grouper Corporation borrowed $56,000 on November 1, 2025, by signing a $57,260,3-month, zero-interest-bearing note. Prepare Grouper's November 1, 2025, entry; the December 31, 2025, annual

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Grouper Corporation borrowed $56,000 on November 1, 2025, by signing a $57,260,3-month, zero-interest-bearing note. Prepare Grouper's November 1, 2025, entry; the December 31, 2025, annual adjusting entry; and the February 1, 2026, entry, 0f no entry is repuired select "No Enty" for the occount tities and enter Ofor the amounts. Credit account titles are outomatically indented when amount is entered Do not indent manually. Record joumal entries in the order presented in the problem. List all debit entries before credit entriec) (To record discount amortization)

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