Monday Daniel AS w/10/20 10:28 AM Daniel Sign Out Homework: MYLAB 3A Score: 0 of 16 pts 5 of 7 (2 complete) HV Score: 14 38%, 17 54 of 122 pts As S3-8 (similar to) Question Help Fly Away Inc borrowed 5130,000 on October 1 by signing a note payable to Metro One Bank The interest expense for each month is 5488 The loan agreement requires Fly Away Inc. to pay interest on December 31 1. Make Metro One Bank's adjusting entry to accrue interest revenue and interest receivable at October 31, at November 30, and at December 31. Duterach entry and include its explanation 2. Post all three entries to the Interest Receivable account. You need not take the balance of the account at the end of each month 3. Record the receipt of three months interest at December 31 2) Hele 1. Make Metro One Bank's adjusting entry to accrue interest revenue and interest receivable at October 31 at November 30, and at December 31 Date each entry and include its explanation (Record debits first, then credits. Enter explanations on the last line Start by making the adjusting entry to accrue monthly interest revenue for October Journal Entry Date Accounts and Explanation Debit Credit Oct Incorrecto Com any list or enter any number in the input helds and then click Check