Multiple Choice Question 52 Wat nga County Bank agrees to lend waterway Granite Company 602000 on lanuary 1 waterway Granite Company s on by waterway Granite on January 1 to record the proceeds and issuance of the note is a $602000, 6%, o n t note, the e try made O cash 602000 Interest Expense 27090 Notes Payable 602000 27090 Interest Payable Cash 602000 27090 Interest Expense Notes Payable O Interest Expense 629090 27090 Cash 574910 Notes Payable 602000 O Cash 602000 Notes Payable 602000