QUESTION 5 On November 1, Year 1. Pans on Fire, Inc., borrowed $100,000 cash on an 1-year, 6% note payable that requires Pan's on Fire to pay both principal and interest on October 31, Year 2. The last adjusting journal entry was made on December 31, Year 1, its year and. The entry to record the payment on October 31, Year 2 would include a (Select all that apply.) debit to Interest Expense of $6,000 debit to Note Payable of $100,000 D debit to Interest Expense of $5,000 debit to interest Payable of $1,000 credit to Cash of $106,000 credit to Note Payable of $106,000 credit to Interest Payable of $6,000