5 11/1/2019 B 5 Date 1-Jul Date 1-Nov Date Account Note payable (First National) Account Note payable (Lyon County) Account 31-Dec Interest expense (First National) Interest expense (Lyon County) Date Account 1-Feb Note payable (Lyon County) O D E F G H Debit Credit $50,000 $50,000 Debit Credit Debit Credit Debit Credit Interest Payable Interest Expense Cash 04 BE10-5 to 7 BE10-12 BE10-13 E10-1 8103 $50K times 8% times 6 months $60K times 6% times 2 months Amount carries over from what was adjusted at year-end $60K times 6% times 1 month Total of all items is what will be paid in cash E