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B. $52,500 C. $48,500 D. $47,500 A $20,000, 9%, 3-month note payable was issued on November 1. If interest is paid at maturity, the adjusting
B. $52,500 C. $48,500 D. $47,500 A $20,000, 9%, 3-month note payable was issued on November 1. If interest is paid at maturity, the adjusting entry on December 31 will include: 3. A debit to Interest Expense for $300. A debit to Interest Expense for $450. A credit to Interest Payable for $600. A credit to Interest Payable for $1,800 A. B. C. D. nt halances
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