Moving to another question will save this response Question 11 Note Payable of $6.000 represents a loan that was taken on June 1, 2019 at a yearly interest rate of 10%. The adjusting entry required on Aug 31, 2019 will be: O Cash $200, credit Note Payable $200 Debit Interest Payable S100, credit Interest Expense $100 Debit interest expense $150, credit Interest payable $150 Debit cash $100, credit Interest Payable $100 Moving to other son save this response MacBook Air Question Completion Status: Moving to another question will save this response Question 12 Yearly deprecintion on office equipment amounts to $3,600. The journal entry required to record the depreciation from March 1st to June 31st, 2019 will be: Debit depreciation expense $1,200, credit accumulated depreciation $1,200 Debit depreciation expense $600, credit accumulated depreciation $600 Debit Equipment S24,000, credit cash $24,000 O Debit accumulated depreciation $400, credit depreciation expense $400 Moving to another question will save this response MacBook Air L> A Moving to another question will save this response. Question 13 Dividends are reported in the the income statement only as a reduction from the net income. the income statement and retained earnings statement. the retained earnings statement only. both the retained earnings statement and the statement of financial position. Moving to another question will save this response. A Moving to another question will save this response. Question 14 A promise to pay something in the future would result in a O a debit to an asset. an increase in an asset a credit to a liability. a decrease in the liability. Moving to another question will save this response. MacBoo