having trouble with this one

Sugoi Manufacturing borrowed $75,000 from the bank on November 1, 2018 and must repay the loan principal and interest on February 1, 2019. The bank charges an annual interest rate of 6% on the loan. Required a) Prepare the adjusting entry to accrue the interest on December 31, which is Sugoi Manufacturing's year end. Sugoi Manufacturing has not accrued any interest before December 31, 2018. Chapter 5 b) Record the payment of loan principal and interest on February 1, 2019. The Accounting Cycle: Adjustments 187