The company last paid interest on the ST note payable on November 1, 2017. Record the accrued interest expense for the last 2 months of 2017. The annual interest rate is 8%. Round to nearest whole dollar.

In Blank [1] enter the account to be debited. In Blank [2] enter the amount to be debited. In Blank [3] enter the account to be credited. In Blank [4] enter the amount to be credited.

Dr. [1]_______________ [2]$_____________

Cr. [3]________________ [4]$____________

Denver Mountain Company Trial Balance 11/30/17 Cr Dr 272,000 114,500 1,000 50,000 55,000 62,000 75,000 0 32,000 100,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.50 par Paid In Capital In Excess of Par - CS Preferred Stock - $5 par Paid In Capital In Excess of Par - PS Treasury Stock Retained Earnings Dividends Sales Revenue Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad Debts Expense Depreciation Expense Wages Expense Rent Expense Insurance Expense Supplies Expense Interest Revenue Interest Expense Gain on Sale of Equipment Income Tax Expense Total 12,000 0 0 18,000 26,250 0 350,000 26,840 90,000 86,000 1,000 50,000 0 3,500 2,000 443,910 7,000 3,000 46,000 5,000 16,000 157,500 98,000 25,000 16,000 1,000 6,500 15,000 46,000 1,156,500 1,156,500