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View Policies Current Attempt in Progress Kelly Jones and Tami Crawford borrowed $15,000 on a 7-month, 4% note from Gem State Bank to open

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View Policies Current Attempt in Progress Kelly Jones and Tami Crawford borrowed $15,000 on a 7-month, 4% note from Gem State Bank to open their business Blossom's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023 Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June 1 Debit Credit eTextbook and Media List of Accounts Prepare the entry to accrue the interest on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Debit Credit

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