Part $3$: Prepare Ergo's journal entry to record fringe benefits for the first month's payroll.

On September $1,2022,$ Hare Today pet$-$supply store Co$.$ borrowed $$9,000$ from Gone Tomorrow Bank, signing a $6-$month, $4-$percent note. Interest is to be paid at maturity. Hare Today and Gone Tomorrow both have a December $31$ year$-$end.

Record the journal entry for the transaction for Hare Today, the borrower, on September $1,2022.$

Record the appropriate adjusting entry related to the note by Hare Today on December $31,2022.$