On September 1, Vaughn's Painting Service borrows $149000 from National Bank on a 4-month, $149000, 6% note. The entry by Vaughn's Painting Service to record payment of the note and accrued interest on January 1 is Notes Payable 149000 Interest Payable 2980 Cash 151980 Notes Payable Cash 151980 151980 Notes Payable Interest Expense Cash 149000 2980 151980