wwwner queson wir save this response. Question 7 On 1 Dec. 2020, Segma Trading Co. borrowed $300,000 for 90 days at 5% by signing a note payable on the same amount. Required: Select the right journal entry to record the payment of the note at its maturity date. Dr. Note Payable $300,000 Dr. Interest Expence $3,750 Cr. Cash $303,750 Dr. Note Payable $300,000 Dr. Interest Expence $2,500 Dr. Interest Payable $1,250 Cr. Cash Dr. Note Payable $300,000 Dr. Interest Payable $2,500 Dr. Interest Expence $1,250 Cr. Cash Dr. Cash $303,750 $303,750 $303,750 Cr. Note Payable $300,000 Cr. Interest Expence $2,500 Cr. Interest Payable $1,250