Taylor Bank lends Guarantee Company $112,110 on January 1. Guarantee Company signs a $112,110, 7%, 9-month, interest-bearing note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is a. Interest Expense Cash 5,886 106,224 Notes 112,110 Payable ob. Notes Payable 112,110 Interest 2,943 Payable Cash 112,110 Interest 2,943 Expense c. Cash 117,996 Interest 5,886 Expense Notes 112,110 Payable d. Cash 112,110 Notes 112,110 Payable