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Pronghorn Company borrowed $36,000 on November 1, 2020, by signing a $36,000, 10%, 3-month note. Prepare Pronghorn's November 1, 2020, entry: the December 31, 2020,

Pronghorn Company borrowed $36,000 on November 1, 2020, by signing a $36,000, 10%, 3-month note. Prepare Pronghorn's November 1, 2020, entry: the December 31, 2020, annual adjusting entry, and the February 1, 2021, entry if no entry is requiet sect "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered De not Indent manually. Record journal entries in the order presented in the problem.) Questions Question Date Account Titles and Explanation Debit Credit Quesoun Question 1 Question 40 Viewing Quen Question 2 Question 4 Question 4

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