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On August 1, 2021, Jasper Company borrowed money by issuing a $10,000, 8%, 12-month note. The December 31, 2021 adjusting entry for interest includes which

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On August 1, 2021, Jasper Company borrowed money by issuing a $10,000, 8%, 12-month note. The December 31, 2021 adjusting entry for interest includes which of the following? Choose the closest answer. Select one: O a. A $333.33 debit to Interest Payable Ob. A $333.33 credit to Interest Payable O c. A $800.00 debit to Interest Payable d. A $800.00 credit to Interest Payable

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