Kinelee$$s Irish Pub Year$-$End Adjusting Entry

$($a$)$ What is the amount of the adjusting accounting entry that

Elizabeth must make?

$($b$)$ What is the name of the account that must be debited?

$($c$)$ What is the name of the account that must be credited?

$($d$)$ On which financial statement will the account to be debited be

found?

$($e$)$ On which financial statement will the account to be credited be

found?

$($f$)$ What would be the impact on the interest expense account if this

adjusting entry is not completed?

$($g$)$ What would be the impact on net income if this adjusting entry is

not completed?

$($h$)$ What would be the impact on owners' equity if this adjusting

entry is not completed?

$($i$)$ What would be the impact on the interest payable account if this

adjusting entry is not completed?