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2. ABC Company borrowed $200,000 on April 1 and signed a $200,000, 8%, 9-month note. What adjusting entry that ABC Company would record if it
2. ABC Company borrowed $200,000 on April 1 and signed a $200,000, 8%, 9-month note. What adjusting entry that ABC Company would record if it prepares its financial statements on June 30 includes, (4 Points) Debit to Interest Expense of $4,000 Debit to Interest Expense of $1,000 Debit to Interest Expense of $12,000 Debit to Interest Expense of $8,000
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