View Policies Current Attempt in Progress C.S. Ivanhoe Company had the following transactions involving notes payable. July 1, 2025 Nov. 1, 2025 Dec. 31, 2025 Feb. 1, 2026 Apr. 1, 2026 Prepare journal entries for each of the transactions. (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 o for the amounts. Record journal entries in the order presented in the problem.) Date uly 1, 2025 Borrows $40,950 from First National Bank by signing a 9-month, 8% note. Borrows $44,000 from Lyon County State Bank by signing a 3-month, 6% note. Prepares adjusting entries. Pays principal and interest to Lyon County State Bank. Pays principal and interest to First National Bank. November 1, 2025 Account Titles and Explanation Cash Notes Payabl Cash Detable Notes Payable Debit 40,950 44,000 Credit 40,950

C. S, Ivanhoe Company had the following transactions involving notes payable. Prepare journal entries for each of the transactions. (List all debit entries before credit entries. Credit occount tities are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record joumat entries in the orter presented in the