QUESTION 10 On October 1, Angelica Inc. signs a note for $200,000 to provide the funds needed to build a new facility. The note is due in 10 years, includes an annual interest rate at 7%, and requires semiannual interest payments each April and October. The journal entry to record the issuance of the promissory note should debit: A Accrued Interest and credit Cash for $14,000. Cash for $200,000, debit Interest Expense for $14.000, credit Notes Payable for $200,000, and credit Interest Payable $14,000. O C. None of the above. Cash and credit Notes Payable for $200,000. Notes Payable for $200,000, debit Interest Expense for $14,000, credit Cash for $200,000, and credit Interest Payable for $14,000