On December 31, 20x1, the Notes Payable account at Cherie's Boutique Shop had a balance of $72,000. This amount represented funds borrowed on a six-month, 6 percent note from the firm's bank on December 1. Record the journal entry for interest expense on this note that should be recorded on the firm's worksheet for the year ended December 31, 20X1. View transaction list Journal entry worksheet Record an adjusting entry for interest. Note. Enter debits before credits Dato General Journal Debit Credit Dec 31, 20X1 On December 31, 20x1, the Notes Payable account at Cherie's Boutique Shop had a balance of $72,000. This amount represented funds borrowed on a six-month, 6 percent note from the firm's bank on December 1. Record the journal entry for interest expense on this note that should be recorded on the firm's worksheet for the year ended December 31, 20X1. View transaction list Journal entry worksheet Record an adjusting entry for interest. Note. Enter debits before credits Dato General Journal Debit Credit Dec 31, 20X1