What is the adjusting entry on may 31 2013 the end of the, Financial Accounting

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What is the adjusting entry on may 31 2013 the end of the

What is the adjusting entry on May 31, 2013, the end of the fiscal year?

On March, 2013, XYZ Company borrowed $50,000 and gave the bank a promissory note with an interest rate of 6%, interest payable monthly, and the note was due November 30, 2013. XYZ Company paid interest for March through June, charging Interest Expense.

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Financial Accounting: What is the adjusting entry on may 31 2013 the end of the

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