Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000, 8%, a 9-month note. What is the adjusting entry required if Givens Brick Company prepares financial statements on January 30? A. Interest Expense 12,000 Interest Payable 12,000 B. Interest Expense 2,000 Interest Payable 2,000 C. Interest Payable 12,000 Interest Expense 12,000 D. Interest Expense 18,000 Cash 18,000