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need help ty Vaughn County Bank agrees to lend the Carla Vista Brick Company $432000 on January 1. Carla Vista Brick Company signs a $432000,4%,7-month

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Vaughn County Bank agrees to lend the Carla Vista Brick Company $432000 on January 1. Carla Vista Brick Company signs a $432000,4%,7-month note. The entry made ty Carla Vista Brick Company on January 1 to record the proceeds and issuance of the note is \begin{tabular}{lrr} Cash & 432000 & \\ Interest Expense & 10080 & \\ Notes Payable & & 432000 \\ Interest Payable & 10080 \end{tabular} \begin{tabular}{lrl} Cash & 432000 & \\ Interest Expense & 10080 & \\ Notes Payable & & 442080 \end{tabular} \begin{tabular}{|c|c|} \hline Interest Expense & 10080 \\ \hline Cash & 421920 \\ \hline Notes Payable & \\ \hline \end{tabular}

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