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Mama's Pizza Shoppe borrowed $6,800 at 9% Interest on May 1, 2021, with principal and interest due on October 31, 2022. The company's fiscal year

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Mama's Pizza Shoppe borrowed $6,800 at 9% Interest on May 1, 2021, with principal and interest due on October 31, 2022. The company's fiscal year ends June 30, 2021. What adjusting entry is necessary on June 30, 2021? Multiple Choice No entry 102 Interest expense Interest payable 102 204 Interest expense Interest payable 204 102 Prepaid interest Interest payable 102

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