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Kelly Jones and Tami Crawford borrowed $12,000 on a 7-month, 6% note from Gem State Bank to open their business, Cullumber's Colfee House. The money

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Kelly Jones and Tami Crawford borrowed $12,000 on a 7-month, 6% note from Gem State Bank to open their business, Cullumber's Colfee House. The money was borrowed on June 1, 2022, and the note matures January 1,2023. Prepare the entry required on January 1,2023, when the loan is paid back. (Credit occount titles are automatically indented when amount is entered. Do not indent manually)

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