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On October 1, 2021 Raider Lawn Corp. borrowed $100,000 cash from Wright Patt Credit Union. Raider Lawn signs a 6 month, 12% note payable.

On October 1, 2021 Raider Lawn Corp. borrowed $100,000 cash from Wright Patt Credit Union. Raider Lawn signs 

On October 1, 2021 Raider Lawn Corp. borrowed $100,000 cash from Wright Patt Credit Union. Raider Lawn signs a 6 month, 12% note payable. Interest is payable at maturity, Raider Lawn's year end is December 31. The appropriate adjustment for Raider Lawn on December 31, 2021 is: 1) Interest Expense Interest Payable 2) Interest Expense 4) Cash Interest Payable 3) Interest Expense Cash 6,000 Interest Revenue. 3,000 3,000 3,000 6,000 3,000 3,000 3,000

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