In an effort to raise extra cash for operating activities, the owner of Swifty Corporation arranged to borrow $22,800 from Blue Spruce, a company that his wife owns. On March 1, Swity signed a 6 monthnote payable at 2% interest. This rate of interest is a fair rate of interest Prepare all of Blue Spruce's yournal entries related to the note recevable, wuring the Blue Spruce's fiscal year-endis une 30 and that repayment of the rote plus interest will occur on Sept. (Credit account titles are automatically indeed when mount is entered. Do not inden maalle entry is required select "Mo Entry for the account title and enter for the amounts Recordowa entries in the order presented in the problem.) Date Account Titles and Explanation Debit Candit Marigold Comparwy, a public company following IFRS purchased $70,000, c. five year bonds of IAA Corporation on January 1, 2021. Interest is payable on July 1 and January 1. The bond is selling at a $73,063 resulting in a bond premium of $3,063. The effective interest rate is 5%. At the year-end of December 31, the far value of the investment was $72,300 Prepare the appropriate journal entries for the year ending December 31, 2021 asuming that Marigold Company uses FV.OC. (Credit account titles are automatically indented when amount is entered Do not indent manually. Record journal entries in the order presented in the problem. I no entry is required, select "No Entry for the account sides and enter for the amounts. Aound answers to O decimal palces, eg. 5,125.) Date ACC Titles and Explanation Debit Credit (Purchase the bond) (Receipt of test) (Accrue Wterest and ametition (effective interest method) at year end) (Remeasurement to fax value at your ond]