Part III: a. AA Company purchases $1,400 of merchandise from ZZ on December 16, 20X1. ZZ accepts AA's $1,400, 90-day, 12% note as payment. ZZ's accounting period ends on December 31, and it does not make reversing entries. Prepare entries for ZZ on December 16, 20X1, and December 31, 20X1. b. Using the information in part a, prepare ZZ's March 16, 20X2, entry if AA dishonors the note. c. Instead of the facts in part b, prepare ZZ's March 16, 20X2, entry if AA honors the