The following are selected transactions of Whispering Winds Company. Whispering Winds prepares financial statements quarterly.

Jan. $2$ Purchased merchandise on account from Nunez Company, $$26,400,$ terms $2/10,$ n$/30.($Whispering Winds uses the

perpetual inventory system.$)$

Feb. $1$ Issued a $9\%,2-$month, $$26,400$ note to Nunez in payment of account.

Mar. $31$ Accrued interest for $2$ months on Nunez note.

Apr. $1$ Paid face value and interest on Nunez note.

July $1$ Purchased equipment from Marson Equipment, paying $$11,900$ in cash and signing a $10\%,3-$month, $$52,800$ note.

Sept. $30$ Accrued interest for $3$ months on Marson note.

Oct. $1$ Paid face value and interest on Marson note.

Dec. $1$ Borrowed $$21,600$ from the Paola Bank by issuing a $3-$month, $8\%$ note with a face value of $$21,600.$

Dec. $31$ Recognized interest expense for $1$ month on Paola Bank note.

$($a$).$

$($b$)$

Your answer is partially correct.

Post to the accounts Notes Payable, Interest Payable, and Interest Expense. $($Post entries in the order of journal entries presented in

the previous part.$)$