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Please I need help M&R Company has a $6,100 bank loan and has incurred (but not recorded) 6% interest expense of $366 for the year

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Please I need help

M&R Company has a $6,100 bank loan and has incurred (but not recorded) 6% interest expense of $366 for the year ended December 31. The company will pay the $366 interest in cash on January 2 following the company's year- end. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Interest payable 5,734 Record entry Clear entry View general joumal

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