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Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000, 8%, 9-month note. The entry made

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Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000, 8%, 9-month note. The entry made by Givens Brick Company on January 1 to record the proceeds and issuance of the notes a Interest Expense 18.000 Cash 282,000 Notes Payable 300,000 b. Cash 300,000 Notes Payable 300,000 c. Cash 300,000 Interest Expense 18,000 Notes Payable 318.000 d Cash 300,000 Interest Expense 18.000 Notes Payable 300,000 Interest Payable 18,000 Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000,8%, 9-month note. What is the adjusting entry required Givers Brick Company prepares financial statements on June 302 a Interest Expense 12.000 Interest Payable 12,000 b. Interest Expense 12,000 Cash 12,000 Interest Payable 12.000 Cash 12,000 d Interest Payable 12,000 Interest Expense 12,000 OOO

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