Current Attempt in Progress

Blue Spruce Corp. borrows $$73,200$ on July $1$ from the bank by signing a $$73,200,10\%,1-$year note payable.

$($a$)$ Prepare the journal entry to record the proceeds of the note. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit