Taylor Bank lends Guarantee Company $150,000 on January 1. Guarantee Company signs a $150,000, 8%, 9-month, interest-bearing note. The entry made by Guarantee Company on January 1 to journalize the proceeds and issuance of the note is O a Notes Payable Interest Payable 150,000 7,200 Cash Interest Expense 150,000 7,200 O b. Cash 150,000 Notes Payable 150,000 Cash 162,000 Interest Expense 12,000 Notes Payable 150,000 Od. Interest Expense 12,000 Cash 138,000 Notes Payable 150,000