Sage Company borrowed $$28,800$ on November $1,2020,$ by signing a $$28,800,8\%,3-$month note. Prepare Sage's November $1,2020,$ entry; the December $31,2020,$ annual adjusting entry; and the February $1,2021,$ entry. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ 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 problem.$)$