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Question 1 of 3 > 1.81 / 2 Your Arwe Correct Answer Your is partially connect CS. Sheridan Company had the following transactions involving notes payable July 1, 2022 Nov, 1.2022 Dec 31, 2022 Feb 1, 2023 Apr 1, 2023 Borrows $86,000 from First National Bank by signing a 9 months note. Borrows $89.000 from Lyon County State Bank by signing 3 month, note Prepares adjusting entries Pays principal and interest to Lyon County State Bank Pays principal and interest to First National Bank Prense Journal entries for each of the transactions. (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 2072 Cash BMCO Notes Payable BADOO ber 1, 2022 v Cash EWOO Notes Payable 1 2022 Interest Expense X Interest Payable (To record accrual of interest from First National Bank) ber 31, 2017 Interest Expense 890 Interest Payable (To record accrual of interest from Lyon County State 11.2023 Notes Payable 39000 Interest Payable 390 15 Interest Expense 325 BO Notes Payable Interest Payable Interest X X e Textbook and Media Solution