On June 1, Ivanhoe Company Ltd. borrows $57,600 from Acme Bank on a 6-month, $57,600, 10% note. The note matures on December 1. (a) Prepare a tabular summary to record the note issued on June 1. (b) Prepare a tabular summary to record adjustment on June 30. (c) Prepare a tabular summary to record the repayment at maturity (December 1), assuming monthly adjustments have been made through November 30. (ir a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Stockholders' Equity Retained Earnings Cash Notes Pay + Interest Pay. + Common Stock + Revenue Expense Dividend (a) June 1, 2017 (b) June 30, 2017 Interest expense (c) Dec 1, 2017 SHOW LIST OF ACCOUNTS What was the total financing cost (interest expense)? Total interest expense 69