On June 1, 2024, Wildhorse Company purchases equipment on account from Moleski Manufacturers for $61,200. Wildhorse is unable to pay its account on July 1, 2024, so Moleski agrees to accept a three-month, 8% note payable from Wildhorse. Interest is payable the first of each month, starting August 1, 2024. Wildhorse has an August 31 fiscal year end and adjusts its accounts on an annual basis. Record all transactions related to the note for Wildhorse Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry isrequired, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Round answersto 0 decimal places, e.g. 5,275. Record journal entriesin the order presented in the problem.)