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Admire County Bank agrees to lend Sheffield Brick Company $614000 on January 1. Sheffield Brick Company signs a $614000,8%, 9- month note. What is

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Admire County Bank agrees to lend Sheffield Brick Company $614000 on January 1. Sheffield Brick Company signs a $614000,8%, 9- month note. What is the adjusting entry required if Sheffield Brick Company prepares financial statements on June 30? Interest Expense Cash 24560 24560 Interest Payable 24560 Interest Expense 24560 Interest Payable 24560 Cash 24560 Interest Expense 24560 Interest Payable 24560

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