20. On December I, Gates Company borrowed S45,000 cash from FirstBank by signing a 90- day, 9% note payable. Four (4) points a. Prepare Gate's journal entry, including journal entry explanation, to record the issuance of the note payable. b. Prepare Gate's journal entry, including jounal entry explanation, to record the accrued interest due at December 31 c. Prepare Gate's journal entry, including journal entry explanation, to record the payment of the note on March I of the next year. DateAccount Titles and Explanation Debit Credit