16. Simon Company issues monthly financial statements and uses accrual accounting. On September 1, 2021, Simon Company borrows $210,000 from the bank by signing a 5%, 18-month note Simon Company's required entry on September 30, 2021, includes a. an $875 credit to Notes Payable b. a $583 debit to Interest Expense. can $875 debit to Interest Expense. d. a $10,000 debit to Interest Expense