Taylor Bank lends Guarantee Company $98,997 on January 1. Guarantee Company signs a $98,997, 11%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is a. Cash Notes Payable 98,997 98,997 Ob. Interest Expense Cash 8,167 90,830 Notes Payable 98,997 Oc. Cash 107,164 Interest Expense 8,167 Notes Payable 98,997 Od. Cash 111,248 Interest Expense 8,167 Notes Payable 98,997 Interest Payable 4,084