Problem 3 (10 Points) Journey Company had the following transactions involving notes payable. October 1, 2021 Borrows $300,000 from Washington State Bank by signing a 6-month, 4\% note. Dec. 31, 2021 prepares the adjusting entry. April 1, 2022 Pays principal and interest to Washington State Bank. Instructions Indicate the accounts and their respective balances that are increased and/or decreased for each of the above transactions. You must show all your calculations to receive fall credift