remaining Time: 38 minutes, 54 seconds. Question Completion Status: QUESTION 35 Assume on October 31, 20X8 your company received $200,000 in return for a promissory note. The note requires that the company pays 6% interest annually on October 31. Recall that we prepare AJE's to recognize all interest incurred during the period. If your company's fiscal year-end is December 31, then which of the following journal entries would be required on December 31, 20XB? Interest expense 2,000 O a. Cash 2,000 interest expense Interest payable Cash 4,000 2,000 6,000 2,000 Interest Expense Oc. Interest payable 2,000 Interest expense d. Interest payable Cash 2,000 4,000 6,000