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Saved Help Save & Edt Sube On November 1, Alan Company signed a 120-day, 12% note payable, with a face value of $15,300. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.) Multiple Choice Debit interest Payable, 5612 credit interest Expense, $612 Debit Expense, $306: credit interest Payable, $306 Debe interest Expense, 5408 credit interest Payable, $408. MacBook Air 0 0 OD 000 F TA A * # 3 $ 4 % 5 & 7 6 8 9 0 P O E 70 U Y T