The following three seperate situations require adjusting journal entries to prepare financial statements as of April 30. for each situation, present both the April 30 adjusting entry and the subsequent entry during May to record the payment of the accured expenses. b. A $760,000 note payable requires $5700 of intrest to be paid at the end of each 30 days. the interest was last paid on April 20 and the next payment is due on May 20. as of April 30, $1900 of intrest expense has accured.