Question 10 of 12 0.67/13 View Policies Show Attempt History Current Attempt in Progress Kelly Jones and Tami Crawford borrowed $9,600 on a 7-month, 10% note from Gem State Bank to open their business, Sheridan's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Your answer is correct. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 1 Cash 9600 9600 Notes Payable e Textbook and Media List of Accounts Question 10 of 12 0.67/1 !!! Your answer is partially correct. Prepare the entry to accrue the interest on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 30 Interest Expense 110 Interest Payable 110 eTextbook and Media List of Accounts * Your answer is incorrect. ing adjusting entries are made at the end of each month, determine the balance in the Interest Payable account at Question 10 of 12 0.67/1 E e Textbook and Media List of Accounts * Your answer is incorrect. Assuming adjusting entries are made at the end of each month, determine the balance in the Interest Payable account at December 31, 2022. Balance in interest payable account $ 770 e Textbook and Media List of Accounts