Ruth Hoadley and Sharon Quayle borrowed $20,000 on a 7-month, 9% bank loan from BMO Bank of Montreal to open their business, RS's Coffee House Inc. The money was borrowed on June 1, 2025, and the loan matures January 1,2026. Interest is due at maturity. (a) Prepare the entry to record the bank loan. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.)