On December 1, 2019 Old World Dell signed a $300.000,5% annual interest rate, six month note payable with the amount borrowed plus accrued interest due she months later on June 1, 2020. Old World Delils on an annual accounting period and records the appropriate adjusting entry for the note on December 31, 2019. What will the general journal entry Old World Dell will record on June 1, 2020 to record the payment of the note plus interest? Debit Credit A Note Payable 300.000 Interest Expense 15,000 Cash 315.000 B. Note Payable 300.000 7.500 Interest Expense Cash 307500 C. Note Payable 300.000 Interest Payable 1.250 Interest Expense 13.750 Cash 315.000 D. Note Payable 300,000 Interest Expense 6.250 Interest Payable 1.250 Cash 307,500 Answer A Answer B Answer Antwer None of the answers are correct The selling price of a bond is equal to: The future value of the face amount only. The present value of the interest only, The present value of the face amount plus the present value of the stated interest payments. The future value of the face amount plus the future value of the stated interest payments. None of the answers are correct