On November $1,2024,$ Dual Systems borrows $$140,000$ to expand operations. Dual Systems signs a six$-$month, $7\%$ promissory note. Interest is payable at maturity. Dual System's year$-$end is December $31.$

Required:

$1.,2.$ & $3.$ Record the following transactions for the note payable by Dual Systems. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest dollar amount.$)$

Journal entry worksheet

$1$

$2$

$3$

Record the issuance of the note on November $1,2024.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$November $01,2024],[,,,],[,,,],[,,,],[,,,],[,,,]]$