Accounting Question: What would be the adjusting entry?

Accounting Question: What would be the adjusting entry?

Accounting
Question:
On January 2, each company borrowed $400,000 on a 20-year, 7 percent note payable. Interest plus $20,000 principal is due September 30 each year. On September 30, the first $20,000 principal payment plus nine months’ interest was made on the note payable described in the above transaction Management made an adjusting entry to accrue three months’ interest on the note payable in the transactions. What would be the adjusting entry?

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Management
Question:
BBM 208 CAT ONE NAME……………………………………………………………………………. REG NO………………………………………………………………………….. Attempt all questions Q1: How Would You Describe Your Management Style? Q2: What Would You Do if You Had a Subordinate Doing Their Job Inefficiently? Q3: How Do You Measure Your Success as a Manager? Q4: How Do You Keep Staff Members Motivated? Q5: How Do You Delegate Tasks? Q6: What is Your Biggest Management Weakness?