3. On March 1, 2023, Boston Company borrows $200,000 from Philly State Bank by signing a 90-day, 12%, interest-bearing note. Required: Prepare the journal entries to record the following: (a) The borrowing of the money by Henson on March 1. (b) The payment of the note and interest on the due date. (c) If instead the money was borrowed on December 1, 2023, prepare the journal entries to record the issuance of the note, the accrual of interest on December 31. 2023 and the payment of the note on March 1, 2024.