On August 1, a $30,000,6%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accru interest of $11.223.34. The entry to record the first payment on July 31 would include: O A. Debit to Notes Payable of $11.223.34 B. Debit to interest Expense of $1,800. C. Debit to Cash of $11.223.34. D. Credit to Notes Payable of $11.223.34 E. Credit to Cash 59,423.34