Note Payable and Accrued Interest Chart of Accounts Labels and Amount Descriptions General Journal Instructions Ellsworth Enterprises borrowed 5438,000 on an 11%, interest bearing note on September 30, 2020 Ensworth ends its focal year on December 31. The noto was paid with interest on March 31, 2021 Required: 1. Prepare the entry for this note on September 30 2020 2. Prepare the adjusting entry for this note on December 31, 2020 3. Indicate how the note and the accrued interest would appear on the balance sheet at December 31, 2020 4. Prepare the entry to record the repayment of the note on March 31, 2021