Use the following information to answer the next two questions: Fran Inc. borrowed $32,000 by issuing a 12%, 150 day note payable on October 2, 2011. 33. The December 31, 2011 adjusting journal entry would include a credit to which account? Note Payable Interest Receivable Interest Payable Retained Earnings None of the above 34. B. The amount of the December 31, 2011 adjusting journal entry would be? $3,840 $1,600 $640 $960 None of the above