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please answer fast On October 1, Pina Colada's Accounting Service borrows $70000 from National Bank on a $70000, 3-month, 6% note. What entry must Pina

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On October 1, Pina Colada's Accounting Service borrows $70000 from National Bank on a $70000, 3-month, 6% note. What entry must Pina Colada's Accounting Service make on December 31 before financial statements are prepared? O Interest Payable 1050 Interest Expense 1050 Interest Expense 4200 Interest Payable 4200 Interest Expense 1050 Interest Payable 1050 O Interest Expense 1050 Notes Payable 1050

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