QUESTION 22 Martinez Co, borrowed $50,000 on March 1 of the current year by signing a 60-day, 9%, interest-bearing note. Assuming a 360-day year, when the note is paid on April 30, the entry to record the payment should include a a. credit to Cash for $54,500 b.debit to Interest Expense for $750 c. debit to Interest Payable for $750 d.credit to Cash for $50,000