Moss County Bank agrees to lend the Sadowski Brick Company $$500,000$ on January $1.$ Sadowski Brick Company signs a $$500,000,6\%,9-$month note. The entry made by Sadowski Brick Company on January $1$ to record the proceeds and issuance of the note is

Interest Expense $22,500477,500$

Cash $q,$ Notes Payable $500,000$

Cash $500,000$

Interest Expense $22,500$

Notes Payable

$522,500$

Cash $500,000$

Interest Expense $22,500$

Notes Payable

Interest Payable

$500,000$

$22,500$

Cash $500,000$

Notes Payable

$500\mathrm{.}000$