MFT Company borrowed 10,000 from the bank signing a 9%, 3-month note on September 1. Principal and interest are payable to the bank on December 1. If MFT Company prepares monthly financial statements, the adjusting entry to recognize interest on September 30, would be

A. Debit Interest Expense, 75; Credit Interest Payable, 75

B. Debit Cash, 225; Credit Interest Payable, 225

C. Debit Interest Expense, 900; Credit Interest Payable, 900

D. Debit Note Payable, 900; Credit Cash, 900