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On November 1, 2020, Hamad Town Trading signed a 120 day, 8% noto payable with a face value of $180,000 The adjusting entry for the accrued interest at December 31 on the note would be? (Use 360 days a year) O A Debit Interest Payable, $1,200 Credit Interest Expense, $ 1.200 OB Debit Interest Expense, $2,400 Credit Interest Payable, $2,400 OC. Debit Interest Expense, $ 1.200 Credit Interest Payable, $1,200 OD. No adjusting entry is required