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What are the effects of a loan with interest on the balance sheet? Let's say a company takes a loan of 100k $ with a

What are the effects of a loan with interest on the balance sheet?

Let's say a company takes a loan of 100k $ with a 10% interest per year. The company, therefore, has 10k to pay. What are the effects on the balance sheet? I guess Cash and Note payable both increase by 100k $. But how are the interests payable recorded and how is the record of these interests offset in the assets so that Assets=Liabilities+equity? Thank you.

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