View Policies Current Attempt in Progress On December 31, 2020, Sage Co, performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Sage Co. agreed to accept a $330,600 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at arate of 11% Sage is much more creditworthy and has various lines of credit at 6%. al Prepare the journal entry to record the transaction of December 31, 2020, for the Sage Co. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg,5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Debit Credit Date Account Titles and Explanation Dec 31, 2020 e Textbook and Media List of Accounts