George-Bellingham Company Borrowed $6000 from Jackson County Community Bank on November

George-Bellingham Company borrowed $6000 from Jackson County Community Bank on November 1 by issuing a 12% 3-month note.Use the following tabular analysis to determine what amounts would be reported in the December 31 financial statements: $\begin{array}{llcc} \underline{\text { Assets } } &= & \underline{\text { Liabilities }} &+\underline{ \text { Stockholders' Equity} }\end{array}$

$\begin{array}{c}\begin{array}{l}\\\underline{\text { cash }}=\\ \\\end{array}\begin{array}{c}\text { Interest }\\\underline{\text { Payable }}+\\\end{array}\begin{array}{l}\text { Notes } \\\underline{\text { Payable }} -\\\end{array} \begin{array}{c}\text {common}\\ \underline{\text {Stock}} +\\\end{array}\begin{array}{l}\\\underline{\text {Revenue }} -\\\end{array}\begin{array}{lll}\text { Supplies }\\\underline{\text {Expense}} \\\end{array} \end{array}$

A) Interest Expense $180
B) Interest Payable $120
C) Notes Payable $6180
D) Interest Expense $720