View Policies Current Attempt in Progress Udala Uke's had the following transactions involving notes payable. July 1, 2021 Borrows $50,000 from First National Bank by signing a nine-month, 8% note. Nov. 1, 2021 Borrows $60,000 from Interprovincial Bank by signing a three-month, 6% note. Dec. 31, 2021 Prepares annual year-end adjusting entries. Feb. 1. 2022 Pays principal and interest to Interprovincial Bank. Apr. 1. 2022 Pays principal and interest to First National Bank. Prepare journal entries for each of the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.)