quick please

On October 31, 2020, Tarling Company negotiated a one-year 100.000-franc loan from a foreign bank at an interest rate of 3% per year Interest payments are made annually on October 31, and the principal will be repaid on October 31, 2021 Tarling prepares US-dollar financial statements and has a December 31 year-end. Date Franc Rate October 31, 2020 50.49 December 31, 2020 50 55 October 31, 2021 50.65 Required: Assuming the above information Prepare all journal entries related to this forelgn currency borrowing