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Windsor Company borrowed $25,200 on November 1, 2020, by signing a $25,200.9%, 3-month note. Prepare Windsor's November 1,2020, entry; the December 31, 2020, annual adjusting

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Windsor Company borrowed $25,200 on November 1, 2020, by signing a $25,200.9%, 3-month note. Prepare Windsor's November 1,2020, entry; the December 31, 2020, annual adjusting entry, and the February 1, 2021, entry. (If no entry is required, select "No Entry for the account titles and enter 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.) Date Account Titles and Explanation Debit Credit 11/1/20 Cash 25200 Notes Payable 25200 12/31/20 V Interest Expense 378 Interest Payable 378 2/1/21 Notes Payable 25200 Interest Payable 567 Interest Expense 567 Cash 25200 Save for Later Attempts: unlimited Submit

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