Question: PLEASE ANSWER QUICKLY 1) (6 points) On November 1, Chris's Chimney Repair borrows 5.100,000 and issues a six-month, 8%o note nayable. Interest is payable at

PLEASE ANSWER QUICKLY

1) (6 points) On November 1, Chris's Chimney Repair borrows 5.100,000 and issues a six-month, 8\%o note nayable. Interest is payable at maturity. (a) Record the issuance of the note on November I. (b) Record the appropriate adjusting entry for interest expense at December 31 , the end of the reporting period

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