Debt

A$.$ On October $1,20Y9,$ the company paid$-$off the note payable that was outstanding at the beginning of the period. The note was issued on October $1,20$Y$8$ with a $6\%$ interest rate. It required semi$-$annual interest payments on March $31$ and September $30.$

B$.$ On November $1,20Y9,$ the company borrowed $$4,500$ on a new $1-$year note payable. This note carries a $4\%$ interest rate with similar payment terms as the note that was just paid$-$off.

Operations

A$.$ Once any prepaid rent from $20$ Y $8$ was used, two more rent payments of $$4,800$ were made on March $1$ and September $1$ of $20$ Yg for their store building. Each rent payment is prepaid for six months. The balance in the prepaid account at the end of $20$ Y $9$ represents the rent for January and February $20$ Y $10.$

B$.$ Cash paid out for wages during $20$ Yg totaled $$11,600.$ Records indicate that salaries for the last week of December amounted to $$200$ and would be paid at the end of the first week in January $($a two$-$week pay period$).$

C$.$ Other expenses that were paid in cash totaled $$1,750.$Please record journal entries