On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What is the appropriate journal entry to record the issuance of the note? Multiple Choice O Debit Cash $250,000; debe interest Expense $37,258, credit Notes Payable $287,258. o o O Debit Notes Payable $250,000, Credit Cash $250.000 o o O Debit Cash $250,000; Credit Notes Payable $250,000. Debit Cash $287.258 credit interest Payable $37.258; credit Notes Payable $250.000 o Debit Cash $37.258: credit Notes Payable $37,258