A Company Pays $18,000 in Interest on Notes,consisting of $12,000

Multiple Choice

A company pays $18,000 in interest on notes,consisting of $12,000 interest that accrued during the last accounting period and $6,000 of interest accumulated during this accounting period but not previously recorded on the books.The journal entry for the interest payment should:

A) debit Interest Expense for $18,000 and credit Cash for $18,000.
B) debit Cash for $18,000 and credit Interest Payable for $18,000.
C) debit Interest Expense for $6,000,debit Interest Payable $12,000 and credit Cash for $18,000.
D) debit Interest Payable for $12,000,debit Accrued Interest $6,000 and credit Cash for $18,000.