Allen Inc. took out a one-year, 8%,$100,000 loan on March 31,2021 . Interest is due upon maturity of the loan. What adjusting entry, if any, should Allen Inc. record on December 31,2021 ? A) No adjusting entry is necessary. B) Debit Interest Expense and credit Interest Payable for $6,000. C) Debit Interest Expense and credit Interest Payable for $8,000. D) Debit Interest Expense and credit Interest Payable for $2,000