please explain how you got the answer

The following are selected 2023 transactions of Sarasota Corporation. Sept. 1 Purchased inventory from Sheffield Ltd. on account for $47,200. arasota uses a periodic inventory system. Oct. 1 Issued a $47,200,12-month, 9% note to Sheffield in payment of Sarasota's account: 1 Borrowed $77,400 from the bank by signing a 12 -month, non-interest-bearing $80,700 note. Prepare the journal entries for the payment of the notes at maturity. Assume no other accruals of interest were recorded since the December 31, 2023 year end. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) Oct.1/24 (To record repayment of non-interest-bearing note)