On October 1, 2015, Attra Inc. borrows $202,000 on a three-year note that requires the company to pay 10% interest on March 31 and September 30. On December 31, 2015, the adjusting entry to accrue interest on the note should debit: Multiple Choice Interest Expense and credit Cash for $10,100. Interest Expense and credit Interest Payable for $5,050. Multiple Choice Interest Expense and credit Cash for $10,100. Interest Expense and credit Interest Payable for $5,050. Interest Expense and credit Interest Payable for $10,100. Interest Payable and credit Interest Expense for $5,050