Calculator Taylor Bank lends Guarantee Company $96,826 on January 1. Guarantee Company signs a $96,826, 11% , nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is 96,826 Cash 96,826 Notes Payable Ob. Interest Expense Cash 7,988 88,838 96,826 Notes Payable Oc. 104,814 Cash 7,988 Interest Expense 96,826 Notes Payable d 108.808 Cash 7,988 Interest Expense Notes Payabie 96.826 3,994 Interest Payable