Question 13 Not yet answered Marked out of 100 Hamada Company borrows $20,000 on October 1 from Arab bank by signing a $20,000, 10%, six month note payable. The journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year is: O a Debit Interest expense 1,000 and credit Interest payable 1,000 Ob. Debit Interest payable 500 and credit Interest expense 500 Debit Interest expense 2000 and credit Interest payable 2000) od Debit Interest expense 500 and credit Interest payable 500 Flag question oc