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help with red Whispering Winds Corp. had the following transactions involving notes payable. July 1, 2020 Nov. 1, 2020 Dec. 31, 2020 Feb. 1,2021 Apr

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Whispering Winds Corp. had the following transactions involving notes payable. July 1, 2020 Nov. 1, 2020 Dec. 31, 2020 Feb. 1,2021 Apr 1, 2021 Borrows $55.000 from First National Bank by signing a 9-month, 8% note. Borrows $66,000 from Lyon County State Bank by signing a 3-month, 6% note. Prepares adjusting entries. Pays principal and interest to Lyon County State Bank Pays principal and interest to First National Bank. (To record adjusting entry for Lyon County State Bank note) Notes Payable y 1.2021 66000 300 Interest Expense Interest Payable 660 Cash 66960 2021 Notes Payable 55000 Interest Expense 1000 Interest Payable 2200 Cash 58200 eTextbook and Media List of Accounts Attempts: 1 of 3 used Submit Answer Save for Later Last saved 30 minutes ago Saved work will be auto-submitted on the due date. MacBook Pro BO do DE DO A 3 4 5 6 7 00 9 9 0 E R T Y U D F. F G G . L

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