https://imgur.com/a/0Fvj4

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QUESTION 11

Choose the correct Adjusting Entry to record Interest Expense on the two notes that Exmore acquired.

		A. None of these are correct
		B. Debit Interest Expense $136.11 and Credit Interest Payable $136.11
		C. Debit Interest Payable $136.11 and Credit Interest Expense $136.11
		D. Debit Interest Expense $91.67 and Credit Interest Payable $91.67
		E. Debit Interest Payable $91.67 and Credit Interest Expense $91.67