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 B. Jones 12/1/-- 11/25/-- M. Aguilar $1,110 2,740 3,850 1,730 6 9 90 days 80 120 180 T. Plant 12/14/-- 17 W. Brand 11/19/-- 4 Required: 1. Compute the accrued interest at the end of the year. Round interim calculations and final answer to two decimal places. Assume 360 days in a year. 2. Prepare the adjusting entry in the general journal. Enter amounts to two decimal places. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF: DEBIT CREDIT 1 20-- Dec. 31