The following are selected 2020 transactions of Concord Corporation. Sept. 1 Purchased inventory from Orion Ltd. on account for \$43.600. Concord uses a periodic inventory system. Oct.1 Issued a $43.600,12 month, 8% note to Orion in payment of Concord's account. 1 Barrowed $76,800 from the bank by signing a. 12.month, non-interest-bearing $80.200 note. Prepare journal entries for the selected transactions above. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Prepare adjusting entries at December 31. 2020. (Credit account tities 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 of for the omounts.) Calculate the net liability in total, to be reported on the December 31,2020 SFP for (1) the interest-bearing note, and (2) the noninterest-bearing note. (1) The interest-bearing note (4) (2) Thenon-interest-bearing note $