The Entry to Record the Proceeds Upon Issuing an Interest-Bearing $\quad$

Multiple Choice

The entry to record the proceeds upon issuing an interest-bearing note is:

A) Interest Expense
Cash
$\quad$ Notes Payable

B) Cash
$\quad$ Notes Payable

C) Notes Payable
$\quad$$\quad$ Cash

D) Cash
$\quad$$\quad$ Notes Payable
$\quad$$\quad$ Interest Payable