Pharoah Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2025, Pharoah had the following transactions related to notes payable. Sept. 1 Sept. 30 Oct. 1 Oct. 31 Nov. 1 Nov. 30 Dec. 1 Dec. 31 Issued a $16,800 note to Pippen to purchase inventory. The 3-month note payable bears interest of 6% and is due December 1. (Pharoah uses a perpetual inventory system.) Recorded accrued interest for the Pippen note. Issued a $21,600,8%, 4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1. Recorded accrued interest for the Pippen note and the Prime Bank note. Issued a $27,600 note and paid $9,200 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 7% and matures in 12 months. Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note. Paid principal and interest on the Pippen note. Recorded accrued interest for the Prime Bank note and the vehicle note. Date Account Titles and Explanation Debit Sept. 1 Inventory 16800 Notes Payable Sept. 30 Interest Expense Interest Payable Oct 1 Equipment Notes Payable: Oct. 31 Interest Expense Interest Payable Nov 1 Equipment Cash Notes Payable Nov. 30 Interest Expense 21600 36800 Credit 16800 21600 9200 SU 27600 Nov. 11 Interest Payable Equipment Cash Nov. 30 Notes Payable Interest Expense Interest Payable Dec. 1 Notes Payable Dec. 31 interest Payable Cash Interest Expense Interest Payable 36800 16800 9200 27600