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Takemoto Corporation borrowed $76,000 on November 1, 2014, by signing a $76,900, 3-month, zero-interest-bearing note. Prepare Takemotos November 1, 2014, entry; the December 31, 2014,

Takemoto Corporation borrowed $76,000 on November 1, 2014, by signing a $76,900, 3-month, zero-interest-bearing note. Prepare Takemotos November 1, 2014, entry; the December 31, 2014, annual adjusting entry; and the February 1, 2015, entry.

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