newconnect.mheducation.com Inbox 11,307) -fa2258 email cos.edu-Virginia's Commun. Base Navigation Pago McGraw-Hill Connect Chapter 9 Quit Chapter 9 Quiz Saved Help Save & Exit Submit MC Qu. 75 On November 1, Alan Company... On November 1, Alan Company signed a 120 day, 8% note payable, with a face value of $26,100. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.) points Skipped Multiple Choice eBook Debit Interest Expense, $348; credit Interest Payable, $348. References No adjustino No adjusting entry is required. Debit interest payable. $232; credit interest expense, $232 Oo oo Debit interest Expense. $464; credit Interest Payable, $464 Debit interest Payable, $696: credit Interest Expense, $696