West County Bank agrees to lend Blossom Company $480000 on January 1, Blossom Company signs a $480000, 6%, 6-month note. What entry will Blossom Company make to pay off the note and interest at maturity assuming that interest has been accrued to June 302 Notes Payable Interest Payable Cash 480000 14400 494400 Interest Expense Notes Payable Cash 14400 480000 494400 Interest Payable Notes Payable Interest Expense Cash 7200 480000 7200 49.4400 Notes Payable Cash 494400 494400 West County Bank agrees to lend Oriole Company $304000 on January 1, Oriole Company signs a $304000, 6%, 6-month note. What is the adjusting entry required if Oriole Company prepares financial statements on March 30? Interest Payable Interest Expense 4560 4560 Interest Expense Interest Payable 4560 4560 interest Expene Interest Payable 9120 9120 Interest Expense Cash 9120 9120