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help please!! 6.67 points QUESTION 2 A business makes a payment of $1,400 on a note payable, consisting of a $200 interest payment and a
help please!! 6.67 points QUESTION 2 A business makes a payment of $1,400 on a note payable, consisting of a $200 interest payment and a 51,200 principal payment. Which of the following journal entries would be recorded O Notes Payable is credited for $1.400, Cash is debited for $1.200, and Interest Expense is debited for $200 Cash is credited for $1,200, Interest Expense is credited for $200, and Notes Payable is debited for $1,400 O Cash is credited for $1,400. Notes payable is debited for $1.200, and Interest Expense is debited for $200 Notes Payable is credited for $1,200, Cash is credited for $200, and Interest Expense is debited for $1.400
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