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Prepare journal entries without explanations for the following transactions involving notes payable for Winston Company, whose fiscal year ends September 30. Round all numbers to

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Prepare journal entries without explanations for the following transactions involving notes payable for Winston Company, whose fiscal year ends September 30. Round all numbers to the nearest dollar. Sept 10 Received cash for a 60-day, 12 percent, $10,000 note payable. Interest is in addition to the face value. Sept 30 Made end-of-year adjusting entry to accrue interest expense for the note. Nov 9 Paid amount due on 12 percent note plus interest

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