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Wisconsin Bank ends Local Furniture Company $200,000 on No ember 1 Local Furniture Company signs a S200.0 6%, 4-m th note. The fiscal year end

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Wisconsin Bank ends Local Furniture Company $200,000 on No ember 1 Local Furniture Company signs a S200.0 6%, 4-m th note. The fiscal year end of Local Furniture Company is December 31. The journal entry made by Local Furniture Company on December 31 is O A. debit Interest Expense and credit Interest Payable for $2,000 O B. debit Interest Payable and credit Interest Expense for $2,000 O C. debit Interest Expense and credit Cash for $2,000 O D. debit Interest Payable and credit Cash for $2,000 on on

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