Question $3$ of $14$

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On June $1,$ Cullumber Company borrows $$65,000$ from the bank by signing a $60-$day, $6\%,$ interest$-$bearing note.

Prepare the necessary entries below associated with the note payable on the books of Cullumber.

$($a$)$

Prepare the entry on June $1$ when the note was issued. $($Credit account titles are automatically indented when she arant? amounts.$)$