t/4664310050/assessment Return to page 9 Question 9 (1 point) Hook Co. signed a $12,000, 120-day, 5% interest-bearing note payable at the bank in exchange for cash. Which of the following journal entries should Hook Co. use to record the note? a. Cash 12,000 Accounts Payable 12,000 b. Notes Payable 12,132 Interest Expense 132 Cash 12,000 c Notes Payable 12,000 Cash 12,132 Interest Expense 132 d. Cash 12,000 Notes Payable 12 000 Return to page 10 Question 10 (1 point) A debit memo enclosed with the bank statement shows that the bank paid a note on behalf of the account holder. It would decrease the bank statement balance. True False Return to page 1 Question 11 point When originally purchased, a vehicle had cost 123,000, with an estimated residual value of $1,500 and an estimated sya 4 years of straight-line depreciation, the estimated useful life was revised from a to years but with ores expende in year 5 sold be on