On November 1, 2021, a firm issues a $10,000 6% 6-month note payable. Interest is paid with the maturity of the note. The firm performs adjusting entries each month. On April 30, when the note is repaid, the entry recorded:

Decreases assets by $10,000

None are true

Decreases both assets and liabilities $10,300

Includes an expense of $200

Includes an expense of $300