Question: On March 1, 2023, Sean David borrows money from Thrift Bank to expand his business. A $15,000, six-month, 6% note payable is issued. The journal

On March 1, 2023, Sean David borrows money from Thrift Bank to expand his business. A $15,000, six-month, 6% note payable is issued. The journal entry to record the payment on August 31, 2023, includes: Select one:

a. Debit to Notes Payable for $15,450

b. Credit to Cash for $15,000

c. Credit to Interest Expense for $450

d. Debit to Interest Expense for $450

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