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Bonita Construction Ltd. borrowed $320,000 from Atco Finance Ltd. on October 1, 2020, by issuing a nine-month note payable at 6% interest payable at maturity. Both companies have a December 31 year end and make adjusting entries annually. For Bonita Construction, record (1) the receipt of the $320,000 cash and the issuing of the note payable on October 1, 2020; (2) the accrual of interest on December 31, 2020; and (3) the payment of the note and interest on July 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Oct. 1, 2020 Cash 320000 Notes Payable 3 Dec 31, 2020 Interest Expense 32000 Interest Payable July 1, 2021 Interest Expense 6400 LE Interest Payable 3200 (To record interest) July 1, 2021 Notes Payable 320000 Interest Income 3: Cash 3: (To record repayment of bank loan)