On July 1, 20X0, CriCo takers out a 10%, a $10,000 note payable that is due on July 1, 20X1. No interest is accrued at year-end 20X0. To correct this error in 20X0, you need to record just the adjusting entry that was not made because:

(a) an expense account is involved

(b) no error was made recording the note payable on July 1, 20X0

(c) an accrual is involved rather than a deferral

(d) the books have not been closed