Wisconsin Bank lends Local Furniture Company $$80,000$ on November $1.$ Local Furniture Company signs a $$80,000,6\%,4-$ month note. The fiscal year end of Local Furniture Company is December $31.$ The journal entry made by Loc$$l Furniture Company on December $31$ is:

A$.$ debit Interest Expense and credit Cash for $$800$

B$.$ debit Interest Payable and credit Interest Expense$-$for $$800$

C$.$ debit Interest Expense and credit Interest Payable for $$800$

D$.$ debit Interest Payable and credit Cash for $$800.$