The following are selected 2025 transactions of Metlock Corporation. Sept.1 Purchased inventory from Encino Company on account for $69,000. Metlock records purchases gross and uses a periodic inventory system. Oct. 1 Issued a $69,000,12-month, 8% note to Encino in payment of account. Oct. 1 Borrowed $69,000 from the Shore Bank by signing a 12 -month, zero-interest-bearing $74,520 note. (a) Prepare journal entries for the selected transactions above. (If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. Credit occount titles are automaticaliy indented when amount is entered. Do not indent manually. Record entries in the. order disployed in the problem statement. List all debit entries before credit entries