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8. Yazici Advertising signed a three-month, 12%, note payable in the amount of t50,000 on October 1. the adjusting entry on Oct. 31 to record

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8. Yazici Advertising signed a three-month, 12%, note payable in the amount of t50,000 on October 1. the adjusting entry on Oct. 31 to record the interest under cash basis is: DS (1.5 Points) debit interest expense, credit interest payable of 500 debit interest expense, credit cash of 500 debit interest payable, credit cash of 500 no entry

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