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A company lends 51000 with 9 interest on may 1 2018 this

Question - A company lends $51,000 with 9% interest on May 1, 2018. This amount plus interest is due on April 30, 2019.

Record the adjusting entry on December 31, 2018.

Date	General Journal	Debit	Credit
December 31, 2018	Utilities expense
	Depreciation expense

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Accounting Basics: A company lends 51000 with 9 interest on may 1 2018 this

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