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Wildhorse Corporation borrowed $62,300 on November 1, 2020, by signing a $63,950, 3-month, zero-interest-bearing note. Prepare Wildhorses November 1, 2020, entry; the December 31, 2020,

Wildhorse Corporation borrowed $62,300 on November 1, 2020, by signing a $63,950, 3-month, zero-interest-bearing note. Prepare Wildhorses November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the February 1, 2021, entry.

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