$4.$ Jill Hamlin borrowed $$40,000$ from the bank on August $16,$ issuing the bank a $12\%$ note. The entry to record accrued interest on the note on August $31(15$ days later$)$ would include:

a$.$ debit Interest Expense for $$197\mathrm{.}26$

b$.$ debit Interest Payable for $$197\mathrm{.}26$

c$.$ credit Interest Expense for $$407\mathrm{.}67$

d$.$ credit Interest Payable for $$407\mathrm{.}67$

d$.$ debit Cash for $$18,000$