Accrued interest on ashort term note payable is recorded by A debiting Interest Expense and crediting Interest Payable B debiting Interest Payable and crediting Cash C debiting Cash and crediting Interest Payable D debiting Interest Payable and crediting Interest Expense What is the answer and why

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Accrued interest on ashort-term note payable is recorded by_______. A. debiting Interest Expense and crediting Interest Payable B. debiting Interest Payable and crediting Cash C.

Accrued interest on ashort-term note payable is recorded by_______.

debiting Interest Expense and crediting Interest Payable

debiting Interest Payable and crediting Cash

debiting Cash and crediting Interest Payable

debiting Interest Payable and crediting Interest Expense

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