C.S. Lewis Company had the following transactions involving notes payable.
July 1, 2020 Borrows $50,000 from First National Bank by signing a 9-month, 8% note.
Nov. 1, 2020 Borrows $60,000 from Lyon County State Bank by signing a 3-month, 6% note.
Dec. 31, 2020 Prepares adjusting entries.
Feb. 1, 2021 Pays principal and interest to Lyon County State Bank.
Apr. 1, 2021 Pays principal and interest to First National Bank.

Instructions
Prepare journal entries for each of the transactions.