CompletionStatus Parker & Washington, Inc. borrows $120,000 on January 1, 2021. They must pay back the loan, with 6% interest, on January 1, 2022. P&W closes its books to prepare financial reports quartedly on March 31, June 30, September 30 and December 31. NC For the journal entries below, use the following abbreviations: CASH cash, INTEXP st expense. interest income, INTPAY interest payable, INTREV = interest receivable, LOAN loanable. For parcu, enter the multiple debit accounts in alphabetical order, for example, CASH before INTPAY a Prepare the journal entry for January 1, 2021. Debit Credit Prepare the journal entry for March 31, 2021. Debit Credit c Assuming that appropriate journal entries were made on June 30, 2021, and Sept. 30, 2021, prepare the journal entry for December 31, 2021 Debit Credit d Prepare the journal entry for January 1, 2022 Debit Debit Credit: How much total interest expense did Parker & Washington recognize in calendar year 20217 $ Question Completion Statu the multiple debit accounts in alphabetical order, for example, CASH before INTPAY a Prepare the journal entry for January 1, 2021. Debit Credit: b. Prepare the journal entry for March 31, 2021, Debit: Credit: Assuming that appropriate journal entries were made on June 30, 2021, and Sept 30, 2021, prepare the journal entry for December 31, 2021. Debit Credit: a Prepare the journal entry for January 1, 2022 Dobit Debit Credit: e. How much total interest expense did Parker & Washington recognize in calendar year 20217 $ 2 points