CHS Company purchased a truck from JLS Corp. by issuing a 6-month, 8% note payable for $60,000 on November 1. On December 31, the accrued expense adjusting entry is No entry is required. Interest Expense9,600 Interest Payable 9,600 Interest Expense 4,800 Interest Payable 4,800 Interest Expense 800 Interest Payable 800