is thinking of repaying amounts outstanding to her grandmother Recall that Cookie Creations borrowed $2,000 on November 16, 2018, from Natalie's grandmother. Interest on the note 6% per year, and the note plus interest was to be repaid in 24 months. Recall that a monthly adjusting journal entry was prepared for the months of November 2019 (1/2 month), December 2018, and January 2019. Your answer is correct. Calculate the interest payable that was accrued and recorded to July 31, 2012, assuming monthly adjusting entries were made. Interest payable 5 Click if you would like to show Work for this questions Open Show Work Attempts: 1 of 3 used (b) Your answer is correct. Prepare the journal entry at August 31, 2019, to record one month's accrued interest. (Credit account titles are automatically indented when amount is entered. Do norindent me Date Account Titles and Explanation Debit Credit Aug 31 Interest Expense Interest Payable 10 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Q Search or type URL Attempts: 1 of 3 used (c) Natalie repays her grandmother on September 15, 2019-10 months after her grandmother extended the loan to Cookie Creations. Prepare the journal entry for the loan repayment. (CR tities are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Sept. 15 Open Show Work Click If you would like to show Work for this question HOW TO ACCOUNTS