Question Help 0 Hatfield Company purchased a building for $150,000 on December 1 in exchange for a six-month loan at 6% with interest and note to be paid six-months later. Assuming the company uses the accrual basis method, what would be the adjusting entry on December 31? 4,500 A. Interest Expense Interest Payable 4,500 750 B. Interest Expense Interest Payable 750 750 C. Interest Payable Interest Expense 750 OD. Interest Payable Interest Expense 4,500 4,500