14.) Rocky Company borrowed 10,000 on February 1, 2001. The loan has an annual interest rate of 14%. Rocky Company repaid the load in full (both principal and interest) on January 31, 2002; no payment were made on the loan between February 1 2001-January 13 2002. (the correct adusting entry with respect to this loan was recorded on December 31, 2001). The single journal entry to record the repayment of the loan (both principal and interest) on January 31, 2002 includes a

A. debit to interest expense for 1,283

B. credit to interest expense for 1,283

C. debit to interest expense for 1,167

D. Credit to interest expense for 1,167

E. debit to interest expense for 1,400

F. credit to interest expense for 1,400

G. debit to interest payable for 1,283

H. credit to interest payable for 1,283