On April 1, 2017, Mendoza Company borrowed 640,000 euros for one year at an interest rate of 5 percent per annum. Mendoza must make its first interest payment on the loan on October 1, 2017, and will make a second interest payment on March 31, 2018, when the loan is repaid. Mendoza prepares U.S.-dollar financial statements and has a December 31 year-end. Prepare all journal entries related to this foreign currency borrowing assuming the following exchange rates for 1 euro: April 1, 2017 .......................... $1.20 October 1, 2017 ...................... 1.30 December 31, 2017 .................. 1.34 March 31, 2018 ...................... 1.38

Need Help to complete table as follow:

No

Date

General Journal

Debit

Credit