con 17 First National Bank agrees to lend $100,000 on September 1, 2014, il Cole Williams Co. signs a $100,000, 12%, four month note maturing on January 1, Cole Williams Co prepares financial statements on 31/12, the entry at maturity chate. (Jan 1, 2015) et ered ed out of question O a Debit both Interest payable 4,000 and Notes payablet 100,000 and credit Cash 104,000 O b. Debit both interest expense 4,000 and Notes payable 100,000 and credit Cash 104,000 Oc Debit both interest payable 4,000 and Notes payable 100,000 and credit Accounts payable 106,000 Od Debit each of Interest payable 3,000, Interest expense 1000 and Notes payable 100,000 and credit cash 104.000