Resario Restaurant borrowed $100,000 on October 1 by signing a note payable to Region One Bank. The interest expense for each month is $375. The loan agreement requires Resario to pay interest on January 2 for October, November and December Read the requirements. 1. Make Resario Travel's adjusting entry to accrue monthly interest expense at October 31, at November 30, and at December 31. Date each entry and include its explanation. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Make the adjusting entry to accrue monthly interest expense for October Journal Entry Accounts and Explanation Date Debit Credit Oct Make the adjusting entry to accrue monthly interest expense for November Journal Entry Accounts and Explanation Date Debit Credit Nov Make the adjusting entry to accrue monthly interest expense for December Journal Entry Date Accounts and Explanation Debit Credit Dec DI 2. Post all three entries to the Interest Payable account. You do not need to calculate the balance of the account at the end of each month. Interest Payable 3. Record the payment of three months' interest on January 2. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Date Accounts and Explanation Debit Credit Jan