Vaughn Corporation borrowed $60,000 on November 1, 2025, by signing a $61,350, 3-month, zero-interest-bearing note. Prepare Vaughn's November 1, 2025, entry; the December 31, 2025, annual adjusting entry; and the February 1, 2026, entry. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date 11/1/25 12/31/25 2/1/26 2/1/26 Account Titles and Explanation Cash Discount on Notes Payable Notes Payable Interest Expense Discount on Notes Payable Interest Expense Discount on Notes Payable (To record discount amortization) Notes Payable Cash (To record repayment of note) Debit Credit

Vaughn Corporation borrowed $60,000 on November 1,2025 , by signing a $61,350,3-month, zero-interest-bearing note. Prepare Vaughn's November 1, 2025, entry, the December 31, 2025, annual adjusting entry, and the February 1, 2026, entry. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. List all debit entries before credit entries.)