Please help with these accounting question. Will be sure to leave a review. Thank you in advance!

1. On September 1 , ABC Company borrowed $50,000 on a 6%, 9month note payable to XYZ National iven no previous adjusting entries have been recorded, ABCs adjusting entry four months later at 1 would include a: A. debit to Interest Expense of $2,250. B. debit to Interest Expense ofS3,000. C. debit to Interest of S I ,OOO. D. debit to Interest Expense of $750. 12. Company A uses the FIFO inventory method and Company B uses the LIFO method. If prices are ri and there are no other significant differences between the companies, which of the following is correct? A. Company A will report a lower current ratio and lower earnings per shares than Company B. B. Company A will report a higher current ratio and lower earnings per share than Company B. C. Company A will report a higher current ratio and higher earnings per share than Company B. D. Company A will report a lower current ratio and higher eamings per share than Company B.