Interest revenue 3,000 Additional information The company borrowed $30,000 on April 1, 2021..1 Principal and interest are due on April 1, 2022. This note is the company's only interest-bearing debt Insurance for the year on the company's office 2 buildings is $90,000. The insurance is paid in advance On October 31, 2021, the company lent money to a 3 customer. The customer signed a note with principal and interest at 9% due in one year Required: (SHOW YOUR WORKING. You have the option to upload your answer/ working for this (question via the provided link/button Determine the following What is the interest rate on the company's note 1 ?payable The 2021 insurance payment was made at the 2 ?beginning of which month How much did the company lend its customer on 3 ?October 31 COVID Co.'s senior accountant prepares adjusting entries only at the end of the fiscal year. The following adjusting entries were prepared on December 31, 2021 Debit Credit Interest expense Interest payable 1,800 1,800 52,500 Insurance expense Prepaid insurance 52,500 Interest receivable Interest revenue 3,000 3,000 Additional information The company borrowed $30,000 on April 1, 2021..1 Principal and interest are due on April 1, 2022. This .note is the company's only interest-bearing debt Insurance for the year on the company's office 2 buildings is $90,000. The insurance is paid in advance On October 31, 2021, the company lent money to a .3 customer. The customer signed a note with principal and interest at 9% due in one year