Company A and Company B each borrow $1,200 from the bank. Company A signed a 60-day, 8% note. Company B signed a 90-day, 7% note. How will each of these companies record these events in their respective general journals on the day the money was borrowed? O Company A Notes payable 1,200 Cash 1,200 Company B 1,200 Notes payable Cash 1,200 O Company A 1,216 Cash Notes payable 1,216 Company B Cash 221 Notes payable 1,221 O Company A Cash Interest expense Notes payable 1,216 16 1,200 Company B 1,221 Cash Interest expense Notes payable 21 1,200 O Company A Cash 1,200 Notes payable 1,200 Company B Cash 1,200 Notes payable 1,200 Company A