On November 1, Alan Company signed a 120-day, 9% note payable. with a face value of $24,000. 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 Cash $24,360; credit Notes Payable $24,360 Debit Notes Payable $24,720, credit Interest Payable $360; credit Interest Expense $360: credit Cash $24,000. Debit Notes Payable $24,000, debit Interest Payable $360; credit Cash $24,360. Debit Notes Payable $24,000; debit Interest Expense $720. credit Cash $24.720 Debit Notes Payabie $24000: debit interest 6,of 27, ??? Next >