Solo Company borrowed $4,000 from National City Bank on June 1. On August 31, Solo Company paid off the loan plus $100 of interest. The correct journal entry to record the August 31 payment of the loan plus interest would be:

Question 2 options:

A)	debit cash $4,000, debit interest expense $100, and credit notes payable $4,100

B)	debit notes payable $4,000, credit interest expense $100, and credit cash $3,900

C)	debit cash $4,000, debit notes payable $100, and credit interest expense $4,100

D)	debit cash $4,100, credit interest expense $100, and credit notes payable $4,000

E)	debit notes payable $4,000, debit interest expense $100, and credit cash $4,100