3.(TCO B) Adjusting Entries: Datarelating to the balances of various accounts af

3.(TCO B) Adjusting Entries: Datarelating to the balances of various accounts affected by adjustingor closing entries appear below. (The entries which caused thechanges in the balances are not given.) You are asked to supply themissing journal entries which would logically account for thechanges in the account balances. Interest receivable at 1/1/10 was$5000. During 2010 cash received from debtors for interest onoutstanding notes receivable amounted to $8000. The 2010 incomestatement showed interest revenue in the amount of $8900. You areto provide the missing adjusting entry that must have been madeassuming reversing entries are not made. For each journal entrywrite Dr. for debit and Cr. for credit.(Points :10)