dyable (b marks) On October 1, 2020, Magnus Company signed a zero-interest bearing note to borrow cash from DT Bank so it could purchase some inventory. Additional details about the borrowing arrangement follow: Maturity value of the note S 70,000 Term of note (in months) 4 Amount borrowed by Magnus Company $67,961 Assume that Magnus Company has a year end of December 31. Required: Prepare any journal entries required by Magnus Company over the entire term of the note, including any year-end adjusting journal entries