A company borrowed $15,000 on September 1, 2022 issuing a 6-month, 10% interest-bearing note to the bank, with principal and interest payable at maturity. At December 31, 2022, what adjusting entry must this company make to accrue interest expense?

Dr. Interest expense 500 Cr. Interest payable 500
		Dr. Interest expense 250 Cr. Interest payable 250
		Dr. Interest expense 500 Cr. Cash 500
		Dr. Interest expense 250 Cr. Cash 250