The following are selected 2025 transactions of Kingbird Corporation. Sept 1 Purchased inventory from Encino Company on account for \$61.500. Kingbird records purchases gross and uses a periodicinventory system. Oct. 1 Issued a $61,500,12-month, 8% note to Encino in payment of account. Oct. 1 Borrowed $61,500 from the Shore Bank by signing a 12-month, zero-interest-bearing $66,420 note. (a) Prepare journal entries for the selected transactions above. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit occount titler are automatically indented when amount is entered. Do not indent manually, Record entries in the order displayed in the problem statement. List all debit entries before credit entries)