Question 24 of 32 -/1 View Policies Current Attempt in Progress Vaughn Manufacturing signed a three-month, zero-interest-bearing note on November 1, 2020 for the purchase of $499500 of inventory. The face value of the note was $511500. Vaughn used a "Discount of Note Payable" account to initially record the note. Assuming that the discount will be amortized equally over the 3-month period and that there was no adjusting entry made for November, the adjusting entry made at December 31, 2020 will include a debit to Discount on Note Payable for $4000. O debit to Interest Expense for $8000. O credit to Discount on Note Payable for $4000. O credit to Interest Expense for $8000. Save for Later Attempts: 0 of 1 used Submit