On January $1,$ a company borrowed $$3,000$ from the bank by signing a $12\%,3-$month note payable. The amount borrowed plus accrued interest is due on April $1.$ Make journal entries to record the following transactions: $(1$ point$)$

a$)$ Issuance of the note payable on January $1$

b$)$ Repayment of the note on April $1$

Use the same facts given in question $12$ above, except assume that the company borrowed the money on November $1($not Jan. $1)$ and will repay the note on February $1$ of the next year. Show your calculations. $(1$ point$)$

a$)$ What adjusting entry should the company make on December $31$ to record accrued interest on the note?

b$)$ What journal entry should be made on February $1$ when the company repays the note?