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Problem 10-05A a-d (Part Level Submission) Pronghorn Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2020, Pronghorn had the following transactions related to notes payable. Sept. 1 Sept. Issued a $14,400 note to Pippen to purchase inventory. The 3-month note payable bears interest of 7% and is due December 1. (Pronghorn uses a perpetual inventory system.) Recorded accrued interest for the Pippen note. 30 Oct. Issued a $18,000, 10%, 4-month note to Prime Bank to finance the purchase of a new climbing wall for 1 advanced climbers. The note is due February 1. Oct. 31 Recorded accrued interest for the Pippen note and the Prime Bank note. Nov. Issued a $30,000 note and paid $8,300 cash to purchase a vehicle to transport clients to nearby 1 climbing sites as part of a new series of climbing classes. This note bears interest of 8% and matures in 12 months. Nov. 30 Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note. Dec. Paid principal and interest on the Pippen note. Dec. 31 Recorded accrued interest for the Prime Bank note and the vehicle note. (a) Prepare journal entries for the transactions noted above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Sept. 1 inventory 14400 notes payable 1400 Sept. 30 interest expense interest payable Oct. 1 cash 18000 notes payable 18000 Oct. 31 interest expense interest payable 720 Nov. 1 cash 30000 equipment 8300 notes payable 38300 Nov. 30 Interest Expense interest payable Dec. 1 7 notes payable 14400 interest payable Cash Dec. 31 interest expense interest payable Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above