Question: Current Attempt in Progress Kenneth and Steven borrowed $ 2 6 , 0 0 0 on a 7 - month, 6 % note from Gem

Current Attempt in Progress
Kenneth and Steven borrowed $26,000 on a 7-month, 6% note from Gem State Bank to open their business, Pharoah's Coffee House. The money was borrowed on June 1,2025, and the note matures January 1,2026.
(b)
Prepare the entry to accrue the interest on june 30
Current Attempt in Progress Kenneth and Steven borrowed $26,000 on a

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