Company A and Company B each borrow $3,300 from the bank. Company A signed a 60-day, 10% note. Company B signed a 90-day, 8% note. How will each of these companies record these events in their respective general journals on the day the money was borrowed?

1. Company A

Cash	3,355
Interest expense		55
Notes payable		3,300

Company B

Cash	3,366
Interest expense		66
Notes payable		3,300

2. Company A

Interest expense	55
Notes payable	3,300
Cash		3,355

Company B

Interest expense	55
Notes payable	3,300
Cash		3,355

3. Company A

Notes payable	3,300
Cash		3,300

Company B

Notes payable	3,300
Cash		3,300

4. Company A

Cash	3,300
Notes payable		3,300

Company B

Cash	3,300
Notes payable		3,300

5. Company A

Cash	3,355
Notes payable		3,355

Company B

Cash	3,366
Notes payable		3,366