On November 1, Year 1, Noble Company borrowed $116,000 from South Bank and signed a 6%, six-month note payable, all due at maturity. The interest on this loan is stated separately. At December 31, Year 1, the adjusting entry with respect to this note includes a: Multiple Choice Credit to Interest Payable for $1,160. Credit to Notes Payable for $1,160. O O Debit to Interest Expense for $2,320. O Credit to Cash for $2,320