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Indiana Bones, Inc., paid $15 for the interest it owes for the month and the $3,000 principal. Show the effect of this transaction on total

Indiana Bones, Inc., paid $15 for the interest it owes for the month and the $3,000 principal. Show the effect of this transaction on total Assets, Liabilities and/or Shareholders' Equity and the account titles. If no effect, select "$0 No Effect".

- A. B. C. D. E. F. G.

Assets

- A. B. C. D. E. F. G.

Liabilities

- A. B. C. D. E. F. G.

Shareholders' Equity

A.

$(15) Interest Expense

B.

$15 Cash

C.

$3,015 Interest Expense

D.

$(3,000) Cash

E.

$(3,015) Cash

F.

$(3,015) Notes Payable

G.

$(3,000) Notes Payable

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