4. Acme borrows $100,000 on July 1 and is issued a 6% one-month note payable. Interest is payable at maturity. On August 1, Acme repays the note and interest. The August 1 journal entry is, a) debit interest payable $6,000, debit note payable $100,000, and credit cash $106,000 b) debit interest payable and credit interest expense for $500 c) debit interest expense $500, debit note payable $100,000, and credit cash $100,500 d) debit interest expense and credit interest payable for $6,000