5 points A. On 1 Dec 2020, ABC Trading Co borrowed 5900,000 for 90 days at 5% by signing a note payable on the same amount Required: (1) Record the adjusting journal entry on 31 Dec. 2020 (2) Record the journal entry for the payment of the notes at s maturity date B. Ahmed's Cooters warrant of two years on parts of machines. In 2020 the company old machines for 5.480,000 in the light of its past expediente Ahmeds Costimated the monded want expense equal to 8% of its dollar sales. During 2020, the company used $11,500 of parts Inventory to repair the machine Required: (1) Prepare the journal entry to record ONLY the warranty liability in 2020 (2) How much is the amount of warranty Mability on December 31, 2020