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Watunga County Bank agrees to lend Sheridan Granite Company $594000 on January 1. Sheridan Granite Company signs a $594000, 8%, 9-month note. What entry

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Watunga County Bank agrees to lend Sheridan Granite Company $594000 on January 1. Sheridan Granite Company signs a $594000, 8%, 9-month note. What entry will Sheridan Granite make to pay off the note and interest at maturity assuming that interest has been accrued to September 30? Interest Expense 35640 Notes Payable 594000 Cash 629640 Notes Payable 594000 Interest Payable 35640 Cash 629640 Notes Payable. 629640 Cash 629640 Interest Payable 23760 Notes Payable 594000

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