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West County Bank agrees to lend Ivanhoe Company $436000 on January 1. Ivanhoe Company signs a $436000,6%, 6-month note. What is the adjusting entry required

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West County Bank agrees to lend Ivanhoe Company $436000 on January 1. Ivanhoe Company signs a $436000,6%, 6-month note. What is the adjusting entry required if Ivanhoe Company prepares financial statements on March 30? 13080 Interest Expense Cash 13080 13080 Interest Expense Interest Payable 13080 6540 Interest Payable Interest Expense 6540 6540 O Interest Expense Interest Payable 6540

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