On November 1, Alan Company signed a 120-day, 12% note payable, with a face value of $9, 900. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.) Debit interest expense, $198; credit interest payable, $198. Debit interest expense, $0; credit interest payable, $0. Debit interest expense, $132; credit interest payable, $132. Debit interest expense, $264; credit interest payable, $264. Debit interest expense, $396; credit interest payable, $396