On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $11,700. What is the adjusting entry for the accrued interest at December 31 on the note

Debit interest expense, $195; Credit interest payable, $195

Explanation:

The adjusting entry for the accrued interest at December 31 on the note is:

General Journal                   Debit         Credit

Interest expense                   $195

($11,700 * 10% * 60/360)

Interest payable                                       $195

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

answer; be sure that the information on file is correct;