REQUIRED Prepare the following accounts in the general ledger of CC Traders for the financial year 1 March 20.6 to 28 February 20.7. Interest expense Expenses payable Note: Pay attention to the dates for each transaction. Additional lines were added purposefully. Complete the accounts from top to bottom, and if a line should not have an entry, choose "No entry. INFORMATION The owner of CC Traders borrowed R656 250 on 1 January 20.3 from Money Bank. The loan is repayable in five equal annual instaliments of which the first is repayable on 31 December 20.5. Interest at a rate of 12% on the outstanding capital amount is payable half-yearly in arrears on 30 June and 31 December. Interest is market related Interest expense 20.6 R 20.6 R Jun Bank R15 750 Mar Expenses payable 30 R7 875 1 Dec Bank V R15 750 20.7 No entry ??? ??? Expenses payable 20.6 R R 20.6 Mar Balance Mar Interest expense b/d 10 500 1 1 20.7 20.7 Feb Balance Feb 28 28