Thomas Taylor Company had the following transactions involving notes payable.

June $1,2022$

Borrows $$68,600$ from First National Bank by signing a $9-$month, $12\%$ note.

Dec. $1,2022$

Borrows $$88,200$ from Sycamore State Bank by signing a $3-$month, $10\%$ note.

Dec. $31,2022$

Prepares adjusting entries.

Mar. $1,2023$

Pays principal and interest to Sycamore State Bank.

Mar. $1,2023$

Pays principal antainterest to First National Bank.

$($a$)$

Prepare journal entries for each of the transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$