On September 1, Kennedy Company loaned $115,000, at 12% annual interest, to a customer Interest and principal will be collected when the loan matures one year from the issue date. Assuming adjustments are only made at year-end, what is the adjusting entry for accruing interest that Kennedy would need to make on December 31, the calendar year-end? Multiple Choice Debit Cash, $4,600; credit Interest Revenue. 54,600. Debit interest Receivable, 4600, credit interest Revenue, $4,600. o Debit interest Expense, $4,600; credit Interest Payable, $4,600 Debit interest Expense, $13.800, credit Interest Payable, $13.800 Debit interest Receivable, $13,800, credit Cash $13,800 o