On the Oregon Company's Unadjusted Trial Balance as of December 31, 2019, the balance of tank toan Account shows the amount of the borrowings from the bank on the April 1, 2019, amountiny 5510,000 (NO repayment is made to bank, and NO journal entry is made after April 1, 2019 until December 31, 2019), Annual interest rate for this loan is simple interest What is the adjusting entry related to "INTEREST EXPENSE" on December 31, 2019, Wany? Ainterest perse account is debited by $26,775; Accrued expense account is credited by $26,775. EL. None of these C. Accrued Expense account is debited by S35,700, Interest Expense account is credited by 535,700 D. Interest Expense account is debited by 535,700, Accrued Expense account is credited by $35,700 E Accrued Expense account is debited by S26,775; interest Expense account is credited by S26,775