Current Attempt in Progress

During $2024,$ Teal Co$.$ borrowed cash from Martinez Company by issuing notes payable as follows:

June $1,2024,$ issued an eight$-$month, $6\%$ note for $$82,800.$ Interest and principal are payable at maturity.

October $1,2024,$ issued a three$-$month, $6\%$ note for $$52,800.$ Interest is payable monthly on the first day of the month.

Principal is payable at maturity.

Teal has a November $30$ fiscal year end and prepares adjusting entries on an annual basis.

$($a$)$

Prepare all necessary interest payment transactions for Teal in $2024$ and $2025.$ Prepare separate adjusting entries for each note.

$($Credit account titles are automatically indented when amount is entered. Do not indent m$$nually$.$ If no entry is

required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$