On October ${31}^{st},$ your company, CatzCo., loaned $$34,000$ in cash to another company, DogzC $C_0..$ The note is for three months, with a $6\%$ interest rate $($stated as an annual rate$).$ CatzCo.$\text{'}$s accounting period is January $1^{st}$ through December ${31}^{st}.$

A$.$ Provide CatzCo.$\text{'}$s adjusting entry to accrue interest on December ${31}^{st}.$ You should select your account titles from the following list: Cash, Interest Receivable, Interest Payable, Interest

Revenue, Interest Expense, Note Payable. Not all accounts from this list should be used. Not all lines will be used. Show and label your work so I can give you partial credit. If you don't know the math, at least give me the accounts and indicate whether they should be debited or credited!