ACCT 2013-03W Sum22 Smith = Homework: Chapter 3 Assignment kimberly trejo Question 17, $3-11 (similar to) Part 1 of 2 HW Score: 52.73%, 29 of 55 points O Points: 0 of 3 Save Cheap Travel borrowed $26,000 on September 1, 2018, by signing a one-year note payable to Metro One Bank. Cheap's interest expense on the note payable for the remainder of the fiscal year (September through November) is $540. Requirements 1. Record the adjusting entry to accrue interest expense at November 30, 2018. 2. Post the adjusting entry to the T-accounts of the two accounts affected by the adjustment. Requirement 1. Record the adjusting entry to accrue interest expense at November 30, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Nov. 30 Accounts and Explanation Debit Credit