Wisconsin Bank lends Local Funiture Company $180,000 on November 1. Local Furniture Company sign a $100,000, 9%, 4-month note The Escal year end of Local Funiture Canay ceber 3. The made By Local Furniture Company on December 31 is OA debd Interest Expense and credit Interest Payable for $2,700 OB debit Interest Payable and credit Cash for $2,700 OC debit Interest Expense and credit Cash for $2,700 CD. debit Interest Payable and credit Interest Expense for $2,700