How would I do the adjusting entry for the following information : On December 12, $50,000 was borrowed on a short term note payable. The interest rate carried on the note is 9%. Record the accrued interest to December 31. Use the 360-day banker's year to complete your calculations.

Insufficient information

(18/360)(9/100)(50,000) = XXXX interest.

Debit Interest XXXX
Credit Amount Payable XXXX

Being 18 days interest at 9% per annum
on $50,000.