me My courses / PRINCIPLES OF ACCOUNTING II General 102 - tion 8 et ered On October 1, 2019, Sara Company issued a $120,000, 8%, nine-month interest-bearing note. Assuming interest was accrued in June 30, 2020, the entry to record the payment of the note on July 1, 2020, will include ed out of ag tion Select one: credit to Cash of $120,000 O debit to Notes Payable of $127,200. O debit to Interest Payable of $7,200. O debit to interest Expense of $2,400. evious page Next pag re to search e gi