On July 31,2023 , a company purchased equipment for $151,200, paying $42,000 cash and signing a 5% note payable for the remainder. The interest and principal of the note are due on January 31, 2024. Prepare the journal entry to record the accrual of the interest at year end, November 30, 2023, assuming interest has not previously been accrued. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry. Round answers to the nearest whole dollar, e.g. 5,275.)