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November 30, 2020, and the note matures on March 31, 2021 when all principal and interest must be paid. Sandy Sandy company borrowed $200,000 on a 120 day, 12% note from Bank of Delmarva. The money was borrowed on company's year-end is December 31. Prepare journal entries for these events as follows. You do not need to provide explanations. Use 360 days for interest calculations (a Prepare the entry to record the receipt of the funds from the loan on November 30. (b) Prepare the entry to accrue interest at December 31. Calculation Prepare the entry required on March 31, 2021 when Sandy pays the interest and pays back the loan principa