Headland Corporation borrowed $$98,000$ on November $1,2025,$ by signing a $$100,205,3-$month, zero$-$interest$-$bearing note. Prepare Headland's November $1,2025,$ entry; the December $31,2025,$ annual adjusting entry; and the February $1,2026,$ entry. $($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 journal entries in the order presented in the problem. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit

$($To record discount amortization$)$

$($To record repayment of note$)$