During January, Gaston Wholesalers Experienced Some Difficulties with Cash Flow

During January, Gaston Wholesalers experienced some difficulties with cash flow so it approached one of its vendors about a payment extension. The vendor agreed to the extension on the condition that the company sign a 30-day note that includes 9% interest. What journal entry is needed to record the retirement of the note on the maturity date?

A) Debit notes payable and credit cash.
B) Debit notes payable, credit interest expense, and credit cash.
C) Debit notes payable, debit interest expense, and credit cash.
D) Debit accounts payable, debit interest expense, and credit notes payable.