West County Bank Agrees to Lend Drake Builders Company $200,000

West County Bank agrees to lend Drake Builders Company $200,000 on January 1. Drake Builders Company signs a $200,000, 6%, 6-month note. The entry made by Drake Builders Company on January 1 to record the proceeds and issuance of the note is

A) Interest Expense 6,000 Cash. 194,000
Notes Payable 200,000
B) Cash 200,000 Notes Payable 200,000
C) Cash 200,000 Interest Expense 6,000
Notes Payable 206,000
D) Cash 200,000 Interest Expense 6,000
Notes Payable 200,000
Interest Payable 6,000