On January $1,$ Western Corp. borrows $$100,000$ from FirstBank using a six $-$ month, $10\%$ promissory note. Interest and principal are payable at maturity. The

journal

entry on June $30$ includes $($Select all that apply.$)$

credit cash $$105,000$

credit cash $$100,000$

debit cash $$105,000$

debit interest expense $$10,000$

debit notes payable $$100,000$

debit interest expense $$5,000$

credit notes payable $$105,000$

On January $1,$ Western Corp. borrows $$100,000$ from FirstBank using a six$-$month, $10\%$ promissory note. Interest and principal are payable at maturity. The journal

entry on June $30$ includes $($Select all that apply.$)$