Saved Help Save & Exit On October 1, 2018. Highview Company borrows $204,000 on a three-year note that requires the company to pay 6% interest on March 31 and September 30. On December 31, 2018, the adjusting entry to accrue interest on the note should debit Multiple Choice O Interest Expense and credit Interest Payable for $6,120. O Interest Expense and credit Interest Payable for $3,060. O Interest Expense and credit Cash for $6120 O Interest Payable and credit Interest Expense for $3,060. 7000100010100 0 000000001