On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27000. Alan made the appropriate year-end accrual. What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was made? (Use 360 days a year Multiple Choice Debit Notes Payable $27,000, debit Interest Expense $900, credit Cash $27,900 Debit Notes Payable $27,900; credit Interest Payable $450; credit Interest Expense $450; credit Cash $27,000. Debit Notes Payable $27,000, debit Interest Payable $450, debit Interest Expense $450; credit Cash $27,900. Debit Cash $27,450; credit Notes Payable $27,450. Debit Notes Payable $27,000; debit Interest Payable $450; credit Cash $27,450