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Question 42 6 pts On April 1, the company borrowed $500,000 at 8% for 3 months. What is the adjustment the company needs to make

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Question 42 6 pts On April 1, the company borrowed $500,000 at 8% for 3 months. What is the adjustment the company needs to make at the end of April to accrue interest for the month? (The interest will be paid at maturity.) debit [Select] credit (Select) for [Select) Question 42 6 pts On April 1, the company borrowed $500,000 at 8% for 3 months. What is the adjustment the company needs to make at the end of April to accrue interest for the month? (The interest will be paid at maturity.) debit (Select] [Select] interest expense note payable for cash interest payable Question 42 6 pts On April 1, [Select) O at 8% for 3 months. What is the interest expense interest for interest payable to make at the end of April to accrue paid at maturity.) debit (Seld cash note payable credit (Select] for [Select] Question 42 6 pts On April 1, the company borrowed $500,000 at 8% for 3 months. What is the adiustment the company needs to make at the end of April to accrue inte (Select st will be paid at maturity.) $510,000 det: $40,000 $10,000 $3,333 for [ Select]

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