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Windsor's had the following transactions involving notes payable July 1 2024 Borrows $58,800 from First National Bank by signing a nine-month8% note 1 2024 Borrows

Windsor's had the following transactions involving notes payable July 1 2024 Borrows $58,800 from First National Bank by signing a nine-month8% note 1 2024 Borrows $70,800 from Interprovincial Bank by signing a three-month6% note Dec 31, 2024 Prepares annual year-end adjusting entries Feb. 12025 Pays principal and interest to Interprovincial Bank 1 2025Pays principal and interest to First National Bank Prepare journal entries for each of the transactions.

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