At December 31, 2011. Hoffman Corporation had two notes payable outstanding notes 1 and 2). A December 31, 2012, Hoffman also had two notes payable outstanding notes and 4. These notes are described below Date of note Principal Amount interest Rate Number of Days December 1, 2011 Note Novemer 16, 2011 9 120 Note 2 December 4, 2011 17.000 TON December 31, 2012 Note December 7, 2012 10.000 10 Note 4 December 21, 2012 19.000 Support Required 2. Prepare the adjusting entries for interest at December 31, 2011 b. Assume that the adjusting entries were made at December 31, 2011. Prepare the 2012 journal entries to record payment of the notes that were outstanding at December 31, 2011 c. Prepare the adjusting entries for interest at December 31, 2012 Round answers to nearest dollar. Use 360 days for interest calculations when applicable General journal Description Credit Debit Dec Interest Expense 0 16 0 0 128 To record interest on note! Dec 31 interest Expense interest Payable To accrue interest on note 2 be Notes Payable Interest Payable Interest Expense 17.000 O OW O ON MacBook Air