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Udala Uke's had the following transactions involving notes payable. July 1, 2021 Nov. 1, 2021 Dec. 31, 2021 Feb. 1. Apr. 1, 2022 2022 Borrows

Udala Uke's had the following transactions involving notes payable. July 1, 2021 Nov. 1, 2021 Dec. 31, 2021 Feb. 1. Apr. 1, 2022 2022 Borrows $42,000 from First National Bank by signing a nine-month, 8% note. Borrows $50,400 from Interprovincial Bank by signing a three-month, 6% note. Prepares annual year-end adjusting entries. Pays principal and interest to Interprovincial Bank. Pays principal and interest to First National Bank

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