On January 1, 2021. Dependable, Inc. borrows $10,000 from a local bank by signing a 3% note payable. The note plus interest is due July 1, 2021. On January 31, the required adjusting entry will include a debit to Interest Expense for $50. No entry is required because no payments are due until July 1. $150 $25. 166 points WG Inc. has cash received from customers in the amount of $10,700 on December 15, which includes sales of $10,000 plus sales tax collected of $700. The entry to record the December 15 transactions will include a credit to Sales Revenue in the amount of $10,000. Sales Tax Expense in the amount of $700. Sales Revenue in the amount of $10,700, Cash in the amount of $10,700