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 $430. Required: a. Prepare the adjusting jounal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry on December 31 Note: Enter debits before credits Date General Journal Debit Credit Record entry Clear entry View general journal b. Propare the Taccount ts for each account, enter the unadjusted balances, post the adjusting jourmal entry, and report the adjusted balance. 21