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Your answer is partially correct. C.S. Ivanhoe Company had the following transactions involving notes payable. July 1,2025 Borrows $40,950 from First National Bank by signing a 9-month, 8% note. Nov. 1,2025 Borrows $44,000 from Lyon County State Bank by signing a 3-month, 6% note. Dec. 31,2025 Prepares adjusting entries. Feb. 1, 2026 Pays principal and interest to Lyon County State Bank. Apr. 1,2026 Pays principal and interest to First National Bank. Prepare journal entries for each of the transactions. (List all debit entries before credit entries. Credit account titles are a indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles anc amounts. Record journal entries in the order presented in the problem.) Question 2 of 9 0.51/0.75 Nucen rayabie Ther 31, 2025 Interest Expenos intereat paybe (To record accrual of interest from Finst Nabional fank) roer 11,20ces internt Foerne Intorest Parable (To record accrual of interest from tyon Courty sate Banky 41 12020 Ieterestioketw Intreapmase Noter Payple cinis kIP estion 2 of 9 0.51/0.75 Interest Payable Notes Payable Cash Interest Expense Interest Payable Notes Payable Cash eTextbook and Media List of Accounts Save for Later Attempts: 1 of 2 used Submit