seven months interest ( on note payable borrowed june 1 of current year)was incurred in the current year. record the adjusting entry fir interest on note payable borrowrd on june 1 the current year

Data not yet recorded at December 31 of the current year include: a. Depreciation expense for the current year, $3,200. b. Insurance expired during the current year, $550. c. Wages earned by employees but not yet paid on December 31 of the current year, $2,300. d. The supplies count at the end of the current year reflected $700 in remaining supplies on hand to be used in the next y e. Seven months of interest expense (on the note payable borrowed on June 1 of the current year) was incurred in the curr f. Income tax expense was $3,144