IE 2-1 (Static) Based on Brief Exercise 2-15 Adjusting entries [LO2-6] =MONTH function Meng Systems had the following situations during the current year. On April 10 of the current year, the company lent $80,000 to another company. A note was signed with principal and interest at 8% payable on April 10 of the following year. On November 12 of the current year, the company borrowed $90,000 from the bank and issued a 120-day, 7% note with principal and interest