Wygant Corporation borrowed $390,000 on October 1 last year. The note carried a 12% interest rate with the principal and interest payable on May 1 this year. Prepare the journal entry to record the following descriptions. If no entry is required for a transaction/event, select "No journal entry required in the first account fold) View transaction list Journal entry worksheet Record the note on October 1. Note: Enter debits before credits Date General Journal October 01 Debit Credit Clear entry View general journal Record entry Wygant Corporation borrowed $390,000 on October 1 last year. The note carried a 12% Interest rate with the principal and interest payable on May 1 this year Prepare the journal entry to record the following descriptions. If no entry is required for a transactionlevent, select "No journal entry required in the first account field) View transaction list Journal entry worksheet