a 2060 Interest Payable Interest Expense 2050 ob. 2,060 Loan Expense Loan Payable 2.000 2,060 Loan Expense Loan Payable 2,060 od $60 Interest Expense Interest Payable 560 e 2,060 Loan Payable Cash 2,060 Lisa had taken out a loan for $24,000, at 3% interest for 12 months, to build an extended storage area for her business. She had taken out the loan on December 1st with the first payment of $2,060 ($2,000 principal + $60 interest), due on January 1st. Assuming the business had already recorded the loan amount of $24,000 on December 1st, what adjusting entry would Lisa record for her business at December 31? Select one: oa 2,060 Interest Payable Interest Expense 2,060 Ob. 2,060 Loan Expense Loan Payable 2,060 2060 Loan Expense Loan Payable 2,060