3.5 pts For the current year, the Sales Revenue account of Hamilton, Inc. has a credit balance of $532.440 at year-end. After the closing entries have been posted, the account will: be removed entirely from the general ledger have a debit balance of 532.440 have a zero balance O still have a credit balance of 532.440 Question 8 3.5 pts On December 31, 2018, interest of $700 is owed on a bank loan that will not be paid until June 30, 2019. What is the necessary adjusting journal entry on December 31, 2018? Debit interest Payable and credit Interest Expense for 5700 Debit interest Receivable and credit interest Revenue for 5700 Debit interest Expense and credit Interest Payable for 5700 Debit interest Expense and credit Cash for 5700 Next