Question: Exercise 1 Objective 12 Exercise 12.6 Objective 12-2 Recording adjustments for accrued interest. On December 31, 2019, the Notes Payable account at Vanessa's Boutique Shop

Exercise 1 Objective 12 Exercise 12.6 Objective 12-2 Recording adjustments for accrued interest. On December 31, 2019, the Notes Payable account at Vanessa's Boutique Shop had a balance of 390.000. This amount represented funds borrowed on a six-month, 8 percent note from the firm's bank on December 1. Record the journal entry for interest expense on this note that should be recorded on the firm's worksheet for the year ended December 31, 2019. Omit descriptions

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