Brief Exercise 8-39 Accrued Interest OBJECTIVE 2 On July 1, Brimley Company issued a note with First National Bank with terms of 2 years and 10% interest to finance its inventory purchase of 1,000 plasma televisions with a list price of $2,750 each (Continued) went and Contingent Liabilities Required: What adjusting entry should Brimley make at JECTIVE 2 Brief Exercise y make at December 31? f equipment, Garn