Accrued Interest Payable The following is a list of outstanding notes payable as of December 31, 20: Maker Date of Note Principal Interest Term No. of Days $1,000 6% 90days M. Aguilar 11/25/- T. Plant W. Brand 11/19 Required: 2,500 3,800 7 1,9008 80 120 180 12/14/- 17 42 1. Compute the accrued interest at the end of the year. Round interim calculations and final answer to the nearest cent. Assume 360 days in a year 2. Prepare the adjusting entry in the general journal. Enter amounts to the nearest cent. If an amount box does not require an entry, leave it blank Page: Do. POST DEBIT CREDIT ACCOUNT TITLE NO. REF DATE 1 20- Dec. 31 Previous 3 more Check My Work uses All work saved