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Kinsella Seed borrowed $183,000 on October 1,2023 , at 10% interest. The interest and principal are due on October 1,2024 . What joumal ent should

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Kinsella Seed borrowed $183,000 on October 1,2023 , at 10% interest. The interest and principal are due on October 1,2024 . What joumal ent should be recorded on December 31, 2023? a. Debit Interest Expense 18300: credit Interest Payable 18,300 x b. Debit Interest Expense 9,150, credit Cash 9,150 C. Debit Interest Expense 4.57.5, credit Interest Payable 4,575 d. Debit Interest Payable 4.575; credit interest Ixtense 4.575

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