A. March 1, paid interest due on note, $3,300 B. December 31, interest accrued on note payable, $4,650 Prepare journal entries to record the above transactions. If an amount box does not require an entry, leave it blank. Mar. 1 Dec. 31 Create a T-account for Interest Payable, post any entries that affect the account, and tally the ending balance for the account (assume Interest Payable beginning balance of $3,300). Interest Payable Beg. Bal. Balance