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Current Attempt in Progress Bonita National Bank agrees to lend Swifty Company $ 89000 on January 1. Swifty Company signs an $ 89000, 8-month, 6%

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Current Attempt in Progress Bonita National Bank agrees to lend Swifty Company $ 89000 on January 1. Swifty Company signs an $ 89000, 8-month, 6% note. What is the adjusting entry required if Swifty Company prepares financial statements on June 302 O Interest Expense 2670 Interest Payable 2670 Interest Expense 2670 Cash 2670 Interest Payable 2670 Cash 2670 Interest Payable 2670 Interest Expense 2670

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