On April 1, Sam's Painting Service borrows $100,000 from National Bank on a 6 month, $100,000,6% note. What entry must Sam's Painting Service make on April 30 before financial statements are prepared? debit Interest Payable 1,000; credit Interest Expense 1,000 debit Interest Expense 5,000; credit Cash 5,000 debit Note Payable 3,000; credit Interest Payable 3,000 debit Interest Expense 500; credit Interest Payable 500