Question 2 1 pts A parent company North Ltd borrowed $12,000 from its subsidiary South Ltd on 1 September 2020. The yearly interest expense is $600 and North Ltd paid half of the yearly expense during the financial year ended 30 June 2021. What adjusting entry to the interest expense account is required? Dr Interest expense $450 Cr Interest expense $500 Dr Interest expense $500 O Cr Interest expense $450