NovoFarm Inc. borrowed $200,000 on September 1, 2022 from a local bank at 9% interest. Both the principal and interest are due on September 1, 2023. 11. The adjusting entry on December 31, 2022, the end of the company's fiscal year, should include: A. a debit to Interest Expense for $18,000. B. a credit to Notes Payable for $6,000. C. a credit to Interest Payable for $6,000. D. a debit to Interest Expense for $12,000.

NovoFarm Ine borrowed \\( \\$ 200,000 \\) on September 1, 2022 from a local bank at \9 interest. Both the principal and interest are due on September 1,2023. 11. The adjusting entry on December 31,2022, the end of the company's fiscal year, should include: A. a debit to Interest Expense for \\( \\$ 18,000 \\). B. a credit to Notes Payable for \\( \\$ 6,000 \\) C. 2 credit to Interest Payable for \\( \\$ 6,000 \\) D. a debit to Interest Expense for \\( \\$ 12,000 \\)