Exercise 11-02 a-d (Video) On June 1, Waterway Company borrows $139,500 from First Bank on a 6-month, $139,500, 8% note. Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June 1 Debit Credit Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Date June 30 Debit Credit Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 1 What was the total financing cost (interest expense)? Total financing cost $ Click if you would like to Show Work for this question: Open Show Work