Question Completion Status Moving to another question will save this response Question 1 of 10 Question 1 10 points Save Answer Note Payable of $6,000 represents a loan that was taken on June 1, 2019 at a yearly interest rate of 10%. The journal entry recorded for receiving of the loan on June 1, 2019 will include: Credit to note (loan) payable for $6,000 Debit Interest Expense $1,200. Credit Interest payable $1,200 Credit Cash $1.200 Question 1 of 10 >> Moving to another question will see this response MacBook Air TE 888 4 FT A & 7 % 5 c $ 4 9 V 8 9 A 1 6 { o 3 2 5 Y U W E T Roots t .. E E