On November 1, 2021, Aviation Training Corp. borrows $53,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31.

Required:

1.-3.Record the necessary entries in the Journal Entry Worksheet below.(If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)