Use This Information Pertaining to the Alvino Corporation to Answer $\$ 200$

Use this information pertaining to the Alvino Corporation to answer the following question. 1. The corporation's Store Supplies account showed a beginning debit balance of $\$ 200$ and supplies purchased of $\$ 800$ . There were $\$ 300$ of supplies on hand at year end.
2. Depreciation on a building is estimated to be $\$ 5,000$ .
3. A one-year insurance policy was purchased for $\$ 2,000$ . Three months have passed since the purchase.
4. Accilued interest on anote receivable amounted to $\$ 100$ .
5. The company received a $\$ 3,600$ advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed.
The adjusting entry to record the accrued interest on the note is

A)
$\begin{array} { l l l } \text { Interest Expense } & 100 \\\text { Interest Receivable } & & 100\end{array}$
B)
$\begin{array} { l l l } \text { Interest Payable } & 100 \\\text { Interest Expense } & & 100\end{array}$
C)
$\begin{array}{lll}\text { Interest Receivable }&100 \\\text { Interest Income }&&100\end{array}$
D)
$\begin{array} { l l l } \text { Interest Income } & 100 \\\text { Interest Receivable } & & 100\end{array}$