QUESTION 19 On August 1 your company takes a S 10,000 note that requires your firm to repay principal and accrued interest (8% per year) at the end of 4 years if your company uses the cash basis, which entry should you record at the end of this year? O debit Interest Payable for $333, credit Interest Expense for $333 O debit Interest Expense for $800, credk Cash $800 O debit Interest Expense for $800; credit Interest Payable for $800 O debit Interest Expense for $333, credit Interest Payable for $333 O debit Interest Expense for $333, credit Cash for $333