which letter answer?

On August 1, Year 1 Gin Company borrowed $50,000 cash. The one-year note carried a 5% rate of interest. Which of the following shows how the accrual of interest expense in Year 2 will affect Gin's financial statements? Balance Sheet Income Statement A. B. C. D. Assets n/a n/a (1,250) n/a = Liabilities + 1,750 1,750 (1,250) 1,250 Stockholders' Equity (1,750) (1,750) n/a (1,250) Revenue n/a n/a n/a n/a Expense 1,750 1,750 n/a 1,250 Net Ihcom (1,750) (1,750) n/a (1,250) me-year note carried a 5% rate of interest. Which of the following 's financial statements? Income Statement s' Revenue n/a n/a n/a n/a Expense 1,750 1,750 n/a 1,250 Net Income (1,750) (1,750) n/a (1,250) Statement of Cash Flows n/a 1,750 IA (1,250) IA n/a