On June 1, Edison, Inc. borrowed $24,000 on a one-year Note Payable with an interest rate of 10% per year. It will repay the principal and interest at the end of the one-year period. The company makes accrual adjustments at the end of each month. Prepare the appropriate adjusting journal entry related to the note at the end of the first month. Include the date...omit the explanation. Show your work for all calculated numbers and label your numbers. 1 i- T:- 1 B I S x >