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Choose the best explanation of the missing amount (?) in the T account below:Note Payable$...

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Accounting

Choose the best explanation of the missing amount (?) in the T account below:Note Payable$ 10,0001-Jan$ 10,000?$ 5,00031-DecO The company sold equipment costing $5,000. The company paid $5,000 for interest expense and the loanO The company purchased equipment costing $5,000 with a bank loan. The company paid the bank $5,000 to reduce the loan. The company sold a long-term asset to a customer receiving a note in exchange for the item sold.

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