On March 1, 2020, Singh Industrial gave Kaur Co a 180-day, 8%, 78,000 note payable to extend a past due account owable Prepare the journal entry for Singh Industrial to record payment of the note on August 28, 2020 Singh Industrial recorded a April 30th year end adjusting entry Drop the account name and amount boxes in the correct spot for all debit accounts, ensure you drop it by alphabetical order August 28 DI Dr Dr. Or Interest Expense Notes Payable Interest Payable Cash 01.0777.26 2,051 51 1,025.75 79,000.00