Question 12 of 18 View Policies Current Attempt in Progress -/1 E. Crane Ltd. borrowed 57,600,000 on November 1, 2021, by signing a 58,896,000, 3-month, zero-interest-bearing note. Prepare Crane's November 1, 2021, entry: the December 31, 2021, annual adjusting entry; and the February 1, 2022, entry. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problems.) Date Account Titles and Explanation Nov. 1.2021 Cash Notes Payable Dec. 31, 2021 V Interest Expense Feb. 1,2022 Feb. 1, 2022 Notes Payable Interest Expense Notes Payable (To record interest) Notes Payable eTextbook and Media List of Accounts Cash (To pay note) Debit Credit Save for Later Last saved 1 minute ago. Attempts: 0 of 2 used Submit Answer