On October 1, 2020, Crane Company borrows $17000 from First Street Bank on a 8\%, 6-month loan. Assuming adjusting entries are only prepared at year-end, the company should make the following adjusting entry: Debit Interest Receivable, $340; Credit Interest Revenue, $340. Debit Interest Expense, $340; Credit Interest Payable, $340. Debit Interest Expense, $17000; Credit Interest Payable, $17000. Debit Interest Payable, $340; Credit Interest Expense, $340. On October 1, 2020, Crane Company borrows $17000 from First Street Bank on a 8\%, 6-month loan. Assuming adjusting entries are only prepared at year-end, the company should make the following adjusting entry: Debit Interest Receivable, $340; Credit Interest Revenue, $340. Debit Interest Expense, $340; Credit Interest Payable, $340. Debit Interest Expense, $17000; Credit Interest Payable, $17000. Debit Interest Payable, $340; Credit Interest Expense, $340