Your answer is correct. 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 Cash (b) Notes Payable eTextbook and Media List of Accounts Debit 19,000 Credit 19.000 Attempts: 1 of 3 used Your answer is correct. Prepare the entry to accrue the interest on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June 30 Interest Expense Interest Payable eTextbook and Media List of Accounts Debit 95 Credit 95 Attempts: 2 of 3 used Assuming adjusting entries are made at the end of each month, determine the balance in the Interest Payable account at December 31, 2022. Balance in interest payable account $ 570 eTextbook and Media List of Accounts Save for later Last saved 18 hours ago. Attempts: 0 of 3 used Submit