What is the journal entry to record the payment of interest at 5% on a bank loan of $100,000? Select a Choice Below current question choices OptionA Debit Interest Expense by $5,000; credit Cash by $5,000. OptionB Debit Interest Expense by $5,000; credit Bank Loan by $5,000. OptionC Debit Bank Loan by $5,000; credit Interest Expense by $5,000. OptionD Debit Cash by $5,000; credit Interest Expense by $5,000