Question 30 (2 points) In payment of an open account, Kit-Kat Corporation issued a $5,000, 4%, 3-month note to Ruth Ltd. on July 1. Interest is due at maturity. On Oct 1, Kit-Kat sent notification to Ruth that Kit-Kat is unable to honour the note at this time and will pay at a later date. The fiscal year end for both companies is December 31. The joumal entry recorded by Kit-Kat Corporation on Oct 1 should include: Notes Payable Interest Payable Accounts Payable 5,000 200 5,200 5,000 Notes Payable Interest Payable Accounts Payable 5,050 5,000 Accounts Payable Notes Payable 5,000 5,000 Notes Payable Accounts Payable 5,000 None of the above