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Question 2 Not yet answered Marked out of 2

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Question 2 Not yet answered Marked out of 2.00 Al-Seib Resources, a natural energy supplier, borrowed OR80 million cash on November 1 2019, to fund a geological Survey The loan was made by the National Bank of Oman (NBO) under a short-term credit line Al-Seib Resources issued a 9-month, 12% promissory note with interest payable at maturity Al-Seib Resources' financial pened is the calendar year the appropriate adjusting entry for the note by Al-Seib Resources on December 31, 2019 Show calculations Flag Question 1,600,000 1,600,000 Select one Da Interest payable Interest expense Ob Interest expense Interest payable c. Interest expense Interest payable 1,600,000 1600.000 800,000 800 000 800,000 Od Interest expense cash 800.000