10-1

10 1 amount is entered. Do not indent June 30 adjusting entries are made at the end of each month, determine the balance in the interest payable account at December 31, 2017 Prepare the entry required on January 1, 2018, when the loan is paid back. (Credit account titles are automatically indented when amount is entered. Do not indent mamsally) Debit Jan. 1, 2018