On April 1, 2020, Mendoza Company (a U.S.-based company) borrowed 460,000 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, 2020, and will make a second Interest payment on March 31, 2021, 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: Date April 1, 2020 October 1, 2020 December 31, 2020 March 31, 2021 U.S. Dollar per Euro $ 1.14 1.24 1.28 1.32 View transaction list Journal entry worksheet