Kelly Jones and Tami Crawford borrowed $15.750 on a 7 month, 8% note from Gem State Bank to open their business Blosson's Coffee House. The money was borrowed on June 1, 2022, and the rote matures January 1, 2023 Prepare the entry to record the receipt of the funds from the loan. (Credit runt titles are automatically indented when amount is enterad. Do not indent mally) Debit Credit Date Account Titles and Explanation June 1 e Textbook and Media List of Accounts Prepare the entry to accrue the interest on June 30, (Oedit account titles are automatically indented when amount is entered. Do notandent.mally) Date Account Titles and Explanation Debit Credit 30 e Textbook and Media List of Accounts Assuming adjusting entries are made at the end of each month, determine the balance in the Interest Payable account at December 31, 2022 Balance in interest payable account $ Assuming adjusting entries are made at the end of each month, determine the balance in the interest Payable account at December 31, 2022 Balance in interest payable account $ eTextbook and Media List of Accounts Prepare the entry required on January 1, 2023, when the loan is paid back (Credit account files are automatically indet when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan 1 2023 e Textbook and Media List of Accounts Attempts of 3 used Submit Aw