At December $31,$ the unadjusted trial balance of H&R Tacks reports Interest Payable of $$0$ and Interest Expense of $$0.$ Interest incurred

and owed in December totals $$600.$

Required:

Prepare the adjusting journal entry on December $31.$

Post the beginning balances and adjusting entries to the following T$-$accounts.

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Post the beginning balances and adjusting entries to the following T$-$accounts.