On June 1, Ivanhoe Company Ltd. borrows $39.000 from Acme Bank on a 6-month. $39,000,8% note. The note matures on December 1 Your answer is partially correct Date Account Titles and Explanation Debit Credit June 1 Notes Payable 39,000 Interest Payable 39.000 Tatha Date Account Titles and Explanation Debit Credit June 30 Interest Expense 260 Interest Payable 260 Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec 1