Use This Information to Answer the Following Question $\$ 25,000$

Multiple Choice

Use this information to answer the following question. The transactions below pertain to Broyer Company,whose fiscal year ends September 30.
Sept. 10 Received cash for a 90-day, 12 percent, $\$ 25,000$ note payable. Interest is in addition to the face value.
30 Made end-of-year adjusting entry to accrue interest expense.
The September 30 adjusting entry,rounded to the nearest dollar,to accrue the interest expense on the note payable is:

A) Interest Expense 164
Cash 164
B) Cash 164
Interest Expense 164
C) Interest Expense 164
Interest Payable 164
D) Interest Expense 164
Notes Payable 164