Question 5 1 pts On September 1, 2019 Knack Company signed a $50,000, 90-day, 5% note payable with Central Savings Bank. What is the journal entry that should be recorded by Knack upon maturity of the note? (Use 360 days a year.) Debit Notes Payable $50,000; credit interest Revenue $625; credit Cash $49,375. O Debit Cash $50,625; credit Notes Receivable $50.625, O Debit Notes Payable $50,000, Debit Interest Expense $1,125; credit Cash $51,125 o Debit Notes Payable $50,000; debit Interest Expense $625; credit Cash $50,625