On October 1, 2013, Pennington Company Issued an €80,000, 10

On October 1, 2013, Pennington Company issued an €80,000, 10%, nine-month interest-bearing note. Assuming interest was accrued in June 30, 2014, the entry to record the payment of the note on July 1, 2014, will include a

A) debit to Interest Expense of €2,000.
B) credit to Cash of €80,000
C) debit to Interest Payable of €6,000.
D) debit to Notes Payable of €86,000.