View Policies Current Attempt in Progress Sunland Company purchased equipment on November 1, 2020 and gave a 3-month, 12% note with a face value of $91000. The December 31, 2020 adjusting entry is O debit Interest Expense and credit Interest Payable, $10920. O debit Interest Expense and credit Interest Payable, $2730. debit Interest Expense and credit Cash, $1820. O debit Interest Expense and credit Interest Payable. $1820. Save for Later !! Attempts: 0 of 1 used Submit