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0 Transcored a year note payable on January 1, 2018, 0f $475,000. The note requires anual principal payments each December 31 of 175,000 plus interest

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0 Transcored a year note payable on January 1, 2018, 0f $475,000. The note requires anual principal payments each December 31 of 175,000 plus interest at 10%. The entry to record the al payment on December 31, 2002, includes OA debit to rest Expense for 567 500 OB. a credit to Cash of $142,500 O c. a credit to Notes Payable for $75,000 OD. a debit to interest Expense for $37.500 Daniels's bonds payable carry a stated interest rate of 5%, and the market rate of interest is 7%. The price of the Daniels's bonds will be at O A a discount OB. par value Oc. a premium OD. face value

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