On November 1. Hill Company signed a 120-day, 10% note payable, with a face value of $33,000. Hill made a December 31 year-end accrual for interest earned. What is the journal entry as of March 1 to record the payment of the note? (Use 360 days a year.) Muitiple Choice Debit Notes Payable \$33,000; debit interest Payable \$550; credit Cash $33.550 Debit Notes Payable \$33,000; debit interest Payable \$550; debit interest Expense $550; credt Cash $34,700. Debit Notes Payable \$34,00; credit interest Payable \$550; credit interest Expense \$550; credi Cash $33,000. Debit Notes Payable $33,000; debit interest Expense $1,00; credit Cash $34,100. Debit Cash $33.550; credit Notes Payable $33,550