Question: SWC Bus Charter signed a four-month note payable in the amount of$30,000on September1.The note requires interest at an annual rate of5%.The amount of interest to

SWC Bus Charter signed a four-month note payable in the amount of$30,000on September1.The note requires interest at an annual rate of5%.The amount of interest to be accrued at the end of September is

Prepare the adjusting journal entry

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