4. On October 1, 2020, Anon, Inc. borrowed $200,000 from a bank. The terms allow for a bullet payment of principal and interest (6%) to be repaid on April 30, 3021. Account Name Debit Credit 5. Anon, Inc. sold $90,000 worth of goods on credit in 2020. Management estimates bad debt write off of one half of 1% credit sales. On January 1, 2020, the balance forward in the ADA account was a credit balance of $1,000. There were no write offs in 2019. Account Name Debil fredit