Miranda Company borrowed $100,000 cash on September 1, 2019, and signed a one-year 6%, interest-bearing note payable. Assume no adjusting entries have been made during the year. Which of the following would be the required adjusting entry at the end of the December 31, 2019 accounting period?

Question 3 options:

Notes payable	100,000
Interest expense	6,000
Cash		106,000
Interest expense	2,000
Interest payable		2,000
Interest expense	6,000
Interest payable		6,000
Interest payable	2,000
Interest expense		2,000