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Maison Bank lends Neenah Paper Company $130,000 on January 1, 2017. Neenah signs a $130.000, 9%, 6-month note. The urnal entry made by Neenah January

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Maison Bank lends Neenah Paper Company $130,000 on January 1, 2017. Neenah signs a $130.000, 9%, 6-month note. The urnal entry made by Neenah January 1201 7 wa debt 0 Cash for $130,000 and credit Notes Payable for $130.000. OB Interest Expense for $11,700 and credit Interest Payable for $11,700 O C. Interest Expense for $11,700 and credit Cash for $11,700 OD. Cash for $118,300 and credit Note Payable for $118,300

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