Question: Prepare the journal entries to record the first and second interest payments on November 1, 2023, and May 1, 2024. (Credit account titles are

Prepare the journal entries to record the first and second interest payments

Prepare the journal entries to record the first and second interest payments on November 1, 2023, and May 1, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Round answers to O decimal places, e.g. 5,275.) Date Account Titles and Explanation v. 1, 2023 Interest Expense Cash Debit 9240 y 1, 2024 Interest Expense 9240 Cash Credit 9240 9240

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