Question 21 --/2 View Policies Current Attempt in Progress West County Bank agrees to lend Crane Company $412000 on January 1.Crane Company signs a $412000, 6%, 6-month note. What is the adjusting entry required if Crane Company prepares financial statements on March 307 6180 Interest Payable Interest Expense 6180 12360 Interest Expense Interest Payable 12360 6180 Interest Expense Interest Payable 6180 12360 Interest Expense Cash 12360