Print Jurassic Jumpers Co. (JJ Co.) offers bungee jumping for those looking for an extreme outing. JJ Co. prepares annual financial statements and has a December 31, 2020 year-end. a. On April 1, 2020, JJ Co. took out a five-year, $890,000 bank loan with an interest rate of 3% Interest expense is paid on the first day of each month. b. On July 1, 2020, JJ Co. Issued a two-year, $70,000 Note Receivable with an interest rate of 4% Interest income will be collected on January 1 and July 1 of each year c. On December 15, 2020, J Co. took a university student club bungee jumping for $2,750. The student club was invoiced on December 31, 2020 and paid JJ Co. on January 15, 2021 Required: Record the adjusting journal entres at December 31, 2020. View transaction list Journal entry worksheet 1 2 3 Record accrued interest expense. Note: Enter debits before credits. Oste Dec 31, 2020 General Journal Debit Credi Record entry Clear entry View general journal