The following are selected 2020 transactions of Bridgeport Corporation.

Sept. 1		Purchased inventory from Orion Company on account for $58,000. Bridgeport uses a periodic inventory system.
Oct. 1		Issued a $58,000, 12-month, 9% note to Orion in payment of Bridgeports account.
1		Borrowed $77,900 from the bank by signing a 12-month, noninterest-bearing $81,800 note.

Prepare the journal entries for the payment of the notes at maturity. Assume no other accruals of interest were recorded since the December 31, 2020 year end. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Oct. 1/21
	(To record repayment of 9% note)

Oct. 1/21
	(To accrue interest expense on noninterest-bearing note)

Oct. 1/21
	(To record repayment of noninterest-bearing note

Prepare the journal entries for the payment of the notes at maturity, assuming the company uses reversing entries. (Show the reversing entries at January 1, 2021.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
	Orion Note
Jan. 1
Oct. 1

Bank Note
Jan. 1
Oct. 1
	(To accrue interest expense on noninterest-bearing note)

Oct. 1
	(To record repayment of noninterest-bearing note)