Madison Bank lenda Neenah Paper Company $90,000 on January 1, 2017 Neenah signs a $90,000,8%, 6-month note. The journal entry made by Neenah on January 1, 2017 wilde O A. Interest Expense for $7.200 and credit Cash for $7.200. O B. Cash for 500,000 and credit Notes Payable for $90,000 OC Cash for $82,800 and credit Note Payable for $82 800 OD. Interest Expense for $7.200 and credit interest Payable for $7.200 According to FASB, when should a contingent liability be disclosed? O A. Only if the amount can be estimated and the loss is remote. OB. If it is probable that the loss will occur, and the amount of the loss can be reasonably estimated OC Wit is reasonably possible you will lose the lawsuit OD. A contingent liability should never be disclosed A bond was issued at par. The journal entry to record payment of this bond payable at maturity will include a: . debit to Bonds Payable, debit to Discount on Bonds Payable and a credit to Cash. O B. debit to Cash and a credit to Bonds Payable, C. debit to Bonds Payable and a credit to Cash OD. debit to Bonds Payable, credit to Discount on Bonds Payable and a credit to Cash