On October 1, 2018, High lev Company borrows s202 000 on a three-year note that requires the company to pay 0% adjusting entry to accrue interest on the note should debit terest on March 31 and September 30 On December 20 th Multiple Choice Interest Expense and credit Interest Payable for $5,050. Interest Expense and credit Cash for S10,100. Interest Payable and credit Interest Expense for $5.050. Interest Expense and credit Interest Payable for $10,100