Suppase Hants Travel borrowed $40,000 on March 1 by signing a note payabiln to Canadian Westem Bank. Harria Traver's interest expense on the note payable far the ramainder of its fiscal year (March through May) is 5360 Required 1. Record Hatris Travel's adjusting entry to accrue interest expense at May 31. 2. Post the adjucting entry to the T-accounts of the two accounts affected by the adjustment. Requirement 1. Record Haris Travers acfiusting entry to accrue interest expense at May 31 . Record debits first, then credits, Select the explanation on the last ine of the foumal ensy table.) Suppose Harris Travel borrowed $40,000 on March 1 by signing a note payable to Canadian Wostern Bank. Hacris Traveris inerest expense an the noto payable for the remainder of as flocal year (March throtigh May) is $360 Required 1. Record Harris Travel's adfusting entry to accrue interest axpense at May 31 2. Post the adjusting entry to the T-accounts of the two accounts aflected by the adjustrient. Requirement 2. Post the adjusting entry to the T-accounts of the fwo accounts affected by the adjustment. (If a box is not used in the T-accounts, leave the box empty; do not. seloct a label or enter "0."')