Jackson Textiles owed $15,000 to Huang Manufacturing on open account. On October 1, 2020, Huang agreed to convert Jackson's account to a note, payable on November 30 with interest at the rate of 8 percent. Jackson's fiscal year ends on October 31. The amount payable by Huang Manufacturing on November 30 equals: A $15,000 B. $16,200 C. $15,200 D. $15,100 The interest expense that should be included in the journal entry on November 30 equals A $1,200 B. $100. C. $200 D. Zero because the company accounts for interest expense only at the end of the fiscal year