Question 12 View Policies Current Attempt in Progress Very often, failure to record a liability means failure to record an) footnote. asset conversion. revenue. expense. Save for Later Question 13 View Policies Current Attempt in Progress Moss County Bank agrees to lend the Sheridan Company $590000 on January 1. Sheridan Company signs a $590000, 6%, 9-month note. What is the adjusting entry required if Sheridan Company prepares financial statements on June 302 Interest Payable Interest Expense 17700 17700 Interest Payable 17700 Cash 17700 Interest Expense Cash 17700 17700 Interest Expense Interest Payable 17700 17700 Attempts: 0 of 1 used Submit Answer MacBook Air