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On kune 1, 2002 Sassy Compary signod a $100,000,3-month, 68 notit payable with Stilect taink. What is the journal entry that Samy will cecord on

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On kune 1, 2002 Sassy Compary signod a $100,000,3-month, 68 notit payable with Stilect taink. What is the journal entry that Samy will cecord on Auguat 32 . 2022 when the noteris paits in furl? Debit Notes Payable $100000;debit interest Experise $1.500-credit Cwh $101$00 Debit Motes Payablo $101.500; credit Cash $101,500 Debit Noter Payable $100,000; debit interest Exiwirise 56000 ; oredit Cash $106000. Detwit interest Exponset 51,500 credit interest Payable $1,500

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