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Business, 26.08.2021 19:00 scottytohotty

Concord Corporation had the following transactions involving notes payable. July 1, 2019 Borrows $52,000 from First National Bank by signing a 9-month, 8% note.
Nov. 1, 2019 Borrows $62,400 from Lyon County State Bank by signing a 3-month, 6% note.
Dec. 31, 2019 Prepares adjusting entries.
Feb. 1, 2020 Pays principal and interest to Lyon County State Bank.
Apr. 1, 2020 Pays principal and interest to First National Bank.
Prepare journal entries for each of the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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Concord Corporation had the following transactions involving notes payable. July 1, 2019 Borrows $...
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