Question: PLEASE ANSWER FOR THE DATA BELOW thank you C.S. Sunland Company had the following transactions involving notes payable. July 1, 2025 Borrows $55,950 from First

PLEASE ANSWER FOR THE DATA BELOW thank you

C.S. Sunland Company had the following transactions involving notes payable.

July 1, 2025 Borrows $55,950 from First National Bank by signing a 9-month, 8% note.
Nov. 1, 2025 Borrows $59,000 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.

PLEASE ANSWER FOR THE DATA BELOW thank you C.S. Sunland Company had

\begin{tabular}{l} Date \\ \hline July 1.2025 \\ \hline \end{tabular} Account Titles and Explanation Cash \begin{tabular}{lll} Debit & Credit \\ & 55950 & \\ \hline \end{tabular} Notes Payable 55950 November 1,2025 Cash 59000 (To record accrual of interest from First National Bank) December 31,2025 Interest Expense 2238 Interest Payable \begin{tabular}{|} \hline \\ \hline 2238 \\ \hline \end{tabular} December 31,2025 Interest Expense Interest Payable (To record accrual of interest from Lyon County State Bank) February 1,2026 Interest Expense Interest Payable Notes Payable Cash \begin{tabular}{||l||} \hline \hline \end{tabular} \begin{tabular}{|} 59000 \\ \hline \end{tabular}

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