Admire County Bank Agrees to Lend Givens Brick Company $600,000 $\begin{array}{l}\text { Interest Expense } \quad 36,000 \\\text { Cash. } &564,000\\\quad \text { Notes Payable }&&600,000\end{array}$

Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1. Givens Brick Company signs a $600,000, 8%, 9-month note. The entry made by Givens Brick Company on January 1 to record the proceeds and issuance of the note is
a.
$\begin{array}{l}\text { Interest Expense } \quad 36,000 \\\text { Cash. } &564,000\\\quad \text { Notes Payable }&&600,000\end{array}$

b.
$\begin{array}{lrr} \text { Cash } &600,000\\ \text { Wotes Pavable } &&600,000\\\end{array}$


c.
$\begin{array}{lrr} \text { Cash } &600,000\\ \text { Interest Expense } &36,000\\ \text { Notas Payabla } &&636,000\\\end{array}$


d.
$\begin{array}{lrr} \text {Cash } &600,000\\ \text {Interest Expense } &36,000\\ \text {Notas Payabla } &&600,000\\ \text {Interest Payable } &&36,0000\\\end{array}$