elve Quiz i Saved Help Save & Exit On June 1, 2019, Mighty Fast Flooring issued a 10-month, 9 percent note for $5,000. The note was recorded in the Notes Payable-Trade account. The adjusting entry on December 31 to record the interest accrued (owed) on the note is: Multiple Choice O a debit to Interest Expense for $450.00 and a credit to Interest Payable for $450.00. O a debit to Interest Income for $450.00 and a credit to Interest Receivable for $450.00. O a debit to Interest Expense for $262.50 and a credit to Interest Payable for $262.50. O a debit to Interest Expense for $262.50 and a credit to Notes Payable-Trade for $262.50