On September 1, Joe's Painting Service Borrows $\$ 100,000$ From National Bank on a 4month

On September 1, Joe's Painting Service borrows $\$ 100,000$ from National Bank on a 4month, $\$ 100,000,6 \%$ note. What entry must Joe's Painting Service make on December 31 before financial statements are prepared?

A) $\begin{array} { l }\text { Interest Payable. }&2,000 \\ \text { Interest Expense.}&&2,000 \\\end{array}$

B) $\begin{array} { l }\text { Interest Expense.}& 6,000\\ \text { Interest Payable}& &6,000\\\end{array}$

C) $\begin{array} { l } \text { Interest Expense. }&2,000 \\ \text {Interest Payable }&&2,000 \\\end{array}$

D) $\begin{array} { l }\text { Interest Expense. }&2,000 \\ \text {Notes Payable }&&2,000 \\\end{array}$