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Travis County Bank agrees to lend Brickyard Corporation $200,000 on January 1. Brickyard signs a $200,000, 4%, 9-month note. Interest is due at maturity on

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Travis County Bank agrees to lend Brickyard Corporation $200,000 on January 1. Brickyard signs a $200,000, 4%, 9-month note. Interest is due at maturity on September 30. The company's fiscal year ends June 30 and adjusting entries are recorded at that time only What journal entry will Brickyard make when paying the interest at maturity? Multiple Choice O Debit interest Expense for $4,000, and credit Cash for $4.000. Debit Interest Payable for $4.000, debit interest Expense for $2,000, and credit Cash for $6,000 Debit Interest Expense for $6,000 and Cash for $206,000. Debit Notes Payable and credit Cash for $206,000 Accrued liabilities could include all of the following except: Multiple Choice Interest Payable. Wages and Salaries Payable. Current Portion of Long-Term Debt. Income Tax Payable

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