Question 21 Bright Co. holds Park Co.'s $20,000, 90 day, 6% note. The entry made by Park Co. (the borrower) when the note is repaid is (use a 360 day year) Notes Payable 20,000 Interest 300 Expense Accounts 20,300 Payable Note Payable 20,000 Interest Expense 300 Cash 20,300 Notes 20,000 Payable Cash 20,000 Cash 20,300 Note payable 20,000 Interest expense 300