Out 27 Noly Martin Bank lends Hamilton Furniture Company $100,000 on December 1. Hamilton Furniture Company signs a $100,000, 6%, 4-month note. The adjusting journal entry Hamilton Furniture Company should make on December 31 to accrue the interest is answered Points out of Flag question Select one O a interest Expense 500 Interest Payable 500 O b. Interest Payable 2,000 Interest Expense 2,000 Oc Interest Expense 2,000 Interest Payable 2,000 Od. Interest Expense 6,000 Interest Payable 6,000 O e interest Expense 2,000 Cash 2,000