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3.25 pts Question 24 Tiana Inc borrowed $50.000 from the bank signing a 6%, 3-month note on September 1. Principal and interest are payable to the bank on December 1. If the company prepares monthly financial statements, the adjusting entry that the company should make for interest on September 30, would be: O debit interest preme, $1.000, credit Interest Payable, $3,000 debit interest Expense $250 credit interest Payable, $250. debit Note Payable $3.000 credit Cash 53,000 debit Cash $750 credit Interest Payable, 5750 Question 25 3.25 pts On July 1 the Simba Company paid $24,000 to Scar Realty for 6 months rent beginning July 1. Prepaid Rent was debited for the full amount. If financial statements are prepared on July 31, the adjusting entry to be made by the Simba Company is: Odebit Rent Expense. $24.000 credit Prepaid Rent, 54,000. debit Prepaid Rent, $4.000, credit Rent Expense, 84.000, debit Rent Expense $4.000: credit Prepaid Rent $4,000 O debit Rent Expense, $24.000: credit Prepaid Rent. $20,000