On April 1. 2020, Mendoza Company (a US-based company) borrowed 512,000 euros for one year atar nterest rate of 6 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 repald. Mendoza prepares US 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 0.5. Dollar per Euro 7 21 Date April 1, 2eze October 1, 2020 December 11, 2008 March 31, 2021 1.24 Viewson Est Journal entry worksheet 1 2 3 4 5 6 Record the borrowal of the foreign loan. Note. Enter debit beteet General Journal Date 04/01/2020 Debit Credit